Nodaway County, Missouri Housing Market Prices
Nodaway 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 68% below the Missouri median Cheaper than 91% of counties in Missouri$46,142
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Median rent 24% below the Missouri median$785
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Nodaway County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $46,142 | $145,462 | $248,835 |
| Price Trend (Annual %) | 2.1% | 5.2% | 7.5% |
| Median Gross Rent | $785 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Nodaway County is about 68% lower than in Missouri. Rent is about 24% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Nodaway County, up about 2.1% and 2.9% a year respectively. Rent is changing faster.
Median rent in Nodaway County rose about 25.8% between 2015 and 2024, from $624 to $785. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Nodaway County.
Buying the median-priced home in Nodaway County costs roughly 4.9 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 Nodaway County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Nodaway County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $46,142 | $145,462 | $248,835 |
| Median Household Income | $59,419 | $70,801 | $80,455 |
| Price-to-Income Ratio | 0.8 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Nodaway County fell about 7.7%, while median household income rose about 53.4% 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 | Nodaway County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.3% | 60.5% | 58.5% |
| Rental Rate | 33.5% | 28.3% | 31.2% |
| Vacancy Rate | 11.3% | 11.2% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Nodaway County has a homeownership rate of 55.3%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 11.3%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Nodaway County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.15 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1975 | 1978 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Nodaway County was built around 1975. On average, 2.1 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Nodaway County, Missouri.
What is the median home price in Nodaway County, Missouri?
The median home price in Nodaway County, Missouri is $46,142, lower than the Missouri average of $145,462.
What is the average home price in Nodaway County, Missouri?
The typical home price in Nodaway County, Missouri, reported as the median sale price, is $46,142. 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 Nodaway County, Missouri?
The median gross rent in Nodaway County, Missouri is $785 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Nodaway County in 2020?
In 2020, the median gross rent in Nodaway County, Missouri was $663 per month.
What is the price-to-rent ratio in Nodaway County, Missouri?
The price-to-rent ratio in Nodaway County, Missouri is about 4.9, meaning it would take roughly 4.9 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 Nodaway County.
Are home prices or rent rising faster in Nodaway County, Missouri?
Both home prices and rent are rising in Nodaway County, up about 2.1% and 2.9% a year respectively. Rent is changing faster.
What is the homeownership rate in Nodaway County, Missouri?
55.3% of households in Nodaway County, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in Nodaway County, Missouri?
The housing vacancy rate in Nodaway County, Missouri is 11.3%, higher than the Missouri average of 11.2%.
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