Pike County, Missouri Housing Market Prices
Pike 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 67% below the Missouri median Cheaper than 88% of counties in Missouri$47,884
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Median rent 25% below the Missouri median$778
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Pike County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $47,884 | $145,462 | $248,835 |
| Price Trend (Annual %) | -1.7% | 5.2% | 7.5% |
| Median Gross Rent | $778 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pike County is about 67% lower than in Missouri. Rent is about 25% 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 Pike County: home prices fell about 1.7% a year while rent rose about 2.9% a year. That is an unusual pattern worth watching.
Median rent in Pike County rose about 23.5% between 2015 and 2024, from $630 to $778. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Pike County.
Buying the median-priced home in Pike County costs roughly 5.1 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 Pike County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Pike County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $47,884 | $145,462 | $248,835 |
| Median Household Income | $56,587 | $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 Pike County fell about 52.3%, while median household income rose about 25.4% 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 | Pike County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.8% | 60.5% | 58.5% |
| Rental Rate | 17.7% | 28.3% | 31.2% |
| Vacancy Rate | 17.5% | 11.2% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Pike County has a homeownership rate of 64.8%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 17.5%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Pike County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1971 | 1978 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Pike County was built around 1971. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 18.0 years on average.
Pike County, MO Housing Compared With Nearby Counties
How Pike County, MO compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pike County, MO | 17,710 | $47,884 #3/3 | $778 #3/3 | 78.5% #2/3 |
| Lincoln County, MO | 63,057 | $206,522 | $961 | 79.0% |
| Montgomery County, MO | 11,426 | $92,500 | $788 | 73.4% |
Frequently Asked Questions
Common questions about the housing market in Pike County, Missouri.
What is the median home price in Pike County, Missouri?
The median home price in Pike County, Missouri is $47,884, lower than the Missouri average of $145,462.
What is the average home price in Pike County, Missouri?
The typical home price in Pike County, Missouri, reported as the median sale price, is $47,884. 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 Pike County, Missouri?
The median gross rent in Pike County, Missouri is $778 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Pike County in 2020?
In 2020, the median gross rent in Pike County, Missouri was $622 per month.
What is the price-to-rent ratio in Pike County, Missouri?
The price-to-rent ratio in Pike County, Missouri is about 5.1, meaning it would take roughly 5.1 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 Pike County.
Are home prices or rent rising faster in Pike County, Missouri?
Home prices and rent are moving in opposite directions in Pike County: home prices fell about 1.7% a year while rent rose about 2.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Pike County, Missouri?
64.8% of households in Pike County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Pike County, Missouri?
The housing vacancy rate in Pike County, Missouri is 17.5%, higher than the Missouri average of 11.2%.
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