Ripley County, Missouri Housing Market Prices
Ripley 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 2% below the Missouri median$142,592
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Median rent 37% below the Missouri median Cheaper than 79% of counties in Missouri$654
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ripley County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $142,592 | $145,462 | $248,835 |
| Price Trend (Annual %) | 16.3% | 5.2% | 7.5% |
| Median Gross Rent | $654 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ripley County is about 2% lower than in Missouri. Rent is about 37% 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 Ripley County, up about 16.3% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Ripley County rose about 28.2% between 2015 and 2024, from $510 to $654. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Ripley County.
Buying the median-priced home in Ripley County costs roughly 18.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Ripley County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Ripley County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $142,592 | $145,462 | $248,835 |
| Median Household Income | $41,973 | $70,801 | $80,455 |
| Price-to-Income Ratio | 3.4 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ripley County rose about 135.6%, while median household income rose about 40.7% 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 | Ripley County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 60.5% | 58.5% |
| Rental Rate | 16.2% | 28.3% | 31.2% |
| Vacancy Rate | 22.6% | 11.2% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Ripley County has a homeownership rate of 61.3%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 22.6%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Ripley County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.65 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1983 | 1978 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in Ripley County was built around 1983. On average, 2.6 people live in a home with about 5.3 rooms, staying for about 17.0 years on average.
Ripley County, MO Housing Compared With Nearby Counties
How Ripley County, MO compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ripley County, MO | 10,707 | $142,592 #1/3 | $654 #3/3 | 79.1% #1/3 |
| Randolph County, AR | 18,840 | $131,992 | $674 | 73.5% |
| Clay County, AR | 14,278 | $47,513 | $707 | 74.7% |
Frequently Asked Questions
Common questions about the housing market in Ripley County, Missouri.
What is the median home price in Ripley County, Missouri?
The median home price in Ripley County, Missouri is $142,592, lower than the Missouri average of $145,462.
What is the average home price in Ripley County, Missouri?
The typical home price in Ripley County, Missouri, reported as the median sale price, is $142,592. 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 Ripley County, Missouri?
The median gross rent in Ripley County, Missouri is $654 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Ripley County in 2020?
In 2020, the median gross rent in Ripley County, Missouri was $589 per month.
What is the price-to-rent ratio in Ripley County, Missouri?
The price-to-rent ratio in Ripley County, Missouri is about 18.2, meaning it would take roughly 18.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Ripley County.
Are home prices or rent rising faster in Ripley County, Missouri?
Both home prices and rent are rising in Ripley County, up about 16.3% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ripley County, Missouri?
61.3% of households in Ripley County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Ripley County, Missouri?
The housing vacancy rate in Ripley County, Missouri is 22.6%, higher than the Missouri average of 11.2%.
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