Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Osage County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $12,499 | $136,017 | $242,182 |
| Price Trend (Annual %) | -20.7% | 5.0% | 8.2% |
| Median Gross Rent | $643 | $995 | $1,342 |
| Rent Trend (Annual %) | 3.3% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Osage County is about 91% lower than in Missouri. Rent is about 35% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Osage County: home prices fell about 20.7% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
Median rent in Osage County rose about 30.1% between 2015 and 2023, from $495 to $643. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Osage County.
Buying the median-priced home in Osage 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 Osage County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Osage County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $12,499 | $136,017 | $242,182 |
| Median Household Income | $75,411 | $69,051 | $78,145 |
| Price-to-Income Ratio | 0.2 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Osage County fell about 80.3%, while median household income rose about 76.8% between 2009 and 2023 — 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 | Osage County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.8% | 60.1% | 58.2% |
| Rental Rate | 14.9% | 28.4% | 31.3% |
| Vacancy Rate | 20.3% | 11.6% | 10.6% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
Osage County has a homeownership rate of 64.8%, higher than the Missouri average of 60.1%. Its housing vacancy rate is 20.3%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Osage County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1983 | 1977 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Osage County was built around 1983. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Osage County, Missouri.
What is the median home price in Osage County, Missouri?
The median home price in Osage County, Missouri is $12,499, lower than the Missouri average of $136,017.
What is the average home price in Osage County, Missouri?
The typical home price in %s, reported as the median sale price, is %s. 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 Osage County, Missouri?
The median gross rent in Osage County, Missouri is $643 per month, lower than the Missouri average of $995.
What was the median gross rent in Osage County in 2020?
In 2020, the median gross rent in Osage County, Missouri was $565 per month.
What is the price-to-rent ratio in Osage County, Missouri?
The price-to-rent ratio in Osage 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 Osage County.
Are home prices or rent rising faster in Osage County, Missouri?
Home prices and rent are moving in opposite directions in Osage County: home prices fell about 20.7% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Osage County, Missouri?
64.8% of households in Osage County, Missouri own their home, higher than the Missouri average of 60.1%.
What is the vacancy rate in Osage County, Missouri?
The housing vacancy rate in Osage County, Missouri is 20.3%, higher than the Missouri average of 11.6%.