Oakville, Missouri Housing Market Prices
Oakville 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 101% above the Missouri median$291,985
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Median rent 7% above the Missouri median$1,107
Housing Market Overview
| Metric | Oakville | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $291,985 | $145,462 | $248,835 |
| Price Trend (Annual %) | 31.7% | 5.2% | 7.5% |
| Median Gross Rent | $1,107 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Oakville is about 101% higher than in Missouri. Rent is about 7% higher 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 Oakville, up about 31.7% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Oakville rose about 32.4% between 2015 and 2024, from $836 to $1,107. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Oakville.
Buying the median-priced home in Oakville costs roughly 22.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Oakville. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Oakville | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $291,985 | $145,462 | $248,835 |
| Median Household Income | $105,992 | $70,801 | $80,455 |
| Price-to-Income Ratio | 2.8 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Oakville rose about 186.6%, while median household income rose about 32.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Oakville | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 84.8% | 60.5% | 58.5% |
| Rental Rate | 13.1% | 28.3% | 31.2% |
| Vacancy Rate | 2.1% | 11.2% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Oakville has a homeownership rate of 84.8%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 2.1%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Oakville | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1982 | 1978 | 1978 |
| Median Number of Rooms | 6.8 | 5.7 | 5.5 |
The typical housing unit in Oakville was built around 1982. On average, 2.5 people live in a home with about 6.8 rooms, staying for about 18.0 years on average.
Oakville, MO Housing Compared With Nearby Cities
How Oakville, MO compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Oakville, MO | 35,902 | $291,985 #1/2 | $1,107 #1/2 | 86.6% #1/2 |
| Mehlville, MO | 29,047 | $109,514 | $1,058 | 69.0% |
Frequently Asked Questions
Common questions about the housing market in Oakville, Missouri.
What is the median home price in Oakville, Missouri?
The median home price in Oakville, Missouri is $291,985, higher than the Missouri average of $145,462.
What is the average home price in Oakville, Missouri?
The typical home price in Oakville, Missouri, reported as the median sale price, is $291,985. 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 Oakville, Missouri?
The median gross rent in Oakville, Missouri is $1,107 per month, higher than the Missouri average of $1,033.
What was the median gross rent in Oakville in 2020?
In 2020, the median gross rent in Oakville, Missouri was $969 per month.
What is the price-to-rent ratio in Oakville, Missouri?
The price-to-rent ratio in Oakville, Missouri is about 22.0, meaning it would take roughly 22.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Oakville.
Are home prices or rent rising faster in Oakville, Missouri?
Both home prices and rent are rising in Oakville, up about 31.7% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Oakville, Missouri?
84.8% of households in Oakville, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Oakville, Missouri?
The housing vacancy rate in Oakville, Missouri is 2.1%, lower than the Missouri average of 11.2%.
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