Ralls County, Missouri Housing Market Prices
Ralls 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 59% below the Missouri median Cheaper than 84% of counties in Missouri$59,285
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Median rent 28% below the Missouri median$748
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ralls County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $59,285 | $145,462 | $248,835 |
| Price Trend (Annual %) | 49.6% | 5.2% | 7.5% |
| Median Gross Rent | $748 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 0.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ralls County is about 59% lower than in Missouri. Rent is about 28% 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 Ralls County, up about 49.6% and 0.8% a year respectively. Home prices are changing faster.
Median rent in Ralls County rose about 14.2% between 2015 and 2024, from $655 to $748. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Ralls County.
Buying the median-priced home in Ralls County costs roughly 6.6 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 Ralls County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Ralls County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $59,285 | $145,462 | $248,835 |
| Median Household Income | $68,256 | $70,801 | $80,455 |
| Price-to-Income Ratio | 0.9 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ralls County fell about 32.0%, while median household income rose about 39.7% 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 | Ralls County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.1% | 60.5% | 58.5% |
| Rental Rate | 11.4% | 28.3% | 31.2% |
| Vacancy Rate | 21.5% | 11.2% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Ralls County has a homeownership rate of 67.1%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 21.5%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Ralls County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1969 | 1978 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Ralls County was built around 1969. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Ralls County, MO Housing Compared With Nearby Counties
Ralls County, MO is the smallest of the 4 counties compared here, 10,428 residents against a local median of 24,548. Ralls County, MO's median home price, at $59,285, runs 25% below the $79,047 typical of the counties around it.
Homeownership tells the same story from another angle: 85.5% against a local median of 71.8%, 19% above it. The one measure here that carries a verdict is homeownership, and at 19% above the local median it puts Ralls County, MO at the better end of the local range. The counties themselves spread $52,116 on median home price, so Ralls County, MO sits at one end of an already wide local range rather than apart from it. Ralls County, MO has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ralls County, MO | 10,428 | $59,285 #3/4 | $748 #3/4 | 85.5% #1/4 |
| Marion County, MO | 28,457 | $79,047 | $808 | 69.3% |
| Pike County, MO | 17,710 | $47,884 | $778 | 78.5% |
| Audrain County, MO | 24,548 | $100,000 | $692 | 71.8% |
Frequently Asked Questions
Common questions about the housing market in Ralls County, Missouri.
What is the median home price in Ralls County, Missouri?
The median home price in Ralls County, Missouri is $59,285, lower than the Missouri average of $145,462.
What is the average home price in Ralls County, Missouri?
The typical home price in Ralls County, Missouri, reported as the median sale price, is $59,285. 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 Ralls County, Missouri?
The median gross rent in Ralls County, Missouri is $748 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Ralls County in 2020?
In 2020, the median gross rent in Ralls County, Missouri was $716 per month.
What is the price-to-rent ratio in Ralls County, Missouri?
The price-to-rent ratio in Ralls County, Missouri is about 6.6, meaning it would take roughly 6.6 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 Ralls County.
Are home prices or rent rising faster in Ralls County, Missouri?
Both home prices and rent are rising in Ralls County, up about 49.6% and 0.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ralls County, Missouri?
67.1% of households in Ralls County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Ralls County, Missouri?
The housing vacancy rate in Ralls County, Missouri is 21.5%, higher than the Missouri average of 11.2%.
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