Mississippi County, Missouri Housing Market Prices
Mississippi County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 90% below the Missouri median Among the top 3 cheapest counties in Missouri$14,749
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Median rent 26% below the Missouri median$762
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Mississippi County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $14,749 | $145,462 | $248,835 |
| Price Trend (Annual %) | -6.7% | 5.2% | 7.5% |
| Median Gross Rent | $762 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mississippi County is about 90% lower than in Missouri. Rent is about 26% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Mississippi County: home prices fell about 6.7% a year while rent rose about 3.6% a year. That is an unusual pattern worth watching.
Median rent in Mississippi County rose about 28.3% between 2015 and 2024, from $594 to $762. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Mississippi County.
Buying the median-priced home in Mississippi County costs roughly 1.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mississippi County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Mississippi County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $14,749 | $145,462 | $248,835 |
| Median Household Income | $48,699 | $70,801 | $80,455 |
| Price-to-Income Ratio | 0.3 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mississippi County fell about 73.8%, while median household income rose about 47.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Mississippi County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.5% | 60.5% | 58.5% |
| Rental Rate | 31.5% | 28.3% | 31.2% |
| Vacancy Rate | 15.0% | 11.2% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Mississippi County has a homeownership rate of 53.5%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 15.0%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Mississippi County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1972 | 1978 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Mississippi County was built around 1972. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Mississippi County, MO Housing Compared With Nearby Counties
How Mississippi County, MO compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mississippi County, MO | 11,898 | $14,749 #2/2 | $762 #2/2 | 62.9% #2/2 |
| Scott County, MO | 37,932 | $179,554 | $872 | 71.1% |
Frequently Asked Questions
Common questions about the housing market in Mississippi County, Missouri.
What is the median home price in Mississippi County, Missouri?
The median home price in Mississippi County, Missouri is $14,749, lower than the Missouri average of $145,462.
What is the average home price in Mississippi County, Missouri?
The typical home price in Mississippi County, Missouri, reported as the median sale price, is $14,749. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Mississippi County, Missouri?
The median gross rent in Mississippi County, Missouri is $762 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Mississippi County in 2020?
In 2020, the median gross rent in Mississippi County, Missouri was $636 per month.
What is the price-to-rent ratio in Mississippi County, Missouri?
The price-to-rent ratio in Mississippi County, Missouri is about 1.6, meaning it would take roughly 1.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mississippi County.
Are home prices or rent rising faster in Mississippi County, Missouri?
Home prices and rent are moving in opposite directions in Mississippi County: home prices fell about 6.7% a year while rent rose about 3.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Mississippi County, Missouri?
53.5% of households in Mississippi County, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in Mississippi County, Missouri?
The housing vacancy rate in Mississippi County, Missouri is 15.0%, higher than the Missouri average of 11.2%.
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