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 | Schuyler County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $268,750 | $136,017 | $242,182 |
| Price Trend (Annual %) | 44.2% | 5.0% | 8.2% |
| Median Gross Rent | $381 | $995 | $1,342 |
| Rent Trend (Annual %) | -2.9% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Schuyler County is about 98% higher than in Missouri. Rent is about 62% 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 Schuyler County: home prices rose about 44.2% a year while rent fell about 2.9% a year. That is an unusual pattern worth watching.
Median rent in Schuyler County fell about 23.3% between 2015 and 2023, from $497 to $381. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Schuyler County.
Buying the median-priced home in Schuyler County costs roughly 58.7 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 Schuyler County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Schuyler County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $268,750 | $136,017 | $242,182 |
| Median Household Income | $56,006 | $69,051 | $78,145 |
| Price-to-Income Ratio | 4.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Schuyler County rose about 571.9%, while median household income rose about 80.9% between 2009 and 2023 — 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 | Schuyler County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.8% | 60.1% | 58.2% |
| Rental Rate | 13.8% | 28.4% | 31.3% |
| Vacancy Rate | 34.4% | 11.6% | 10.6% |
| Median Tenure (years) | 20.0 | 15.0 | 15.0 |
| Median Year Moved In | 2006 | 2011 | 2011 |
Schuyler County has a homeownership rate of 51.8%, lower than the Missouri average of 60.1%. Its housing vacancy rate is 34.4%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Schuyler County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.20 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1966 | 1977 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Schuyler County was built around 1966. On average, 3.2 people live in a home with about 5.9 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Schuyler County, Missouri.
What is the median home price in Schuyler County, Missouri?
The median home price in Schuyler County, Missouri is $268,750, higher than the Missouri average of $136,017.
What is the average home price in Schuyler 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 Schuyler County, Missouri?
The median gross rent in Schuyler County, Missouri is $381 per month, lower than the Missouri average of $995.
What was the median gross rent in Schuyler County in 2020?
In 2020, the median gross rent in Schuyler County, Missouri was $446 per month.
What is the price-to-rent ratio in Schuyler County, Missouri?
The price-to-rent ratio in Schuyler County, Missouri is about 58.7, meaning it would take roughly 58.7 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 Schuyler County.
Are home prices or rent rising faster in Schuyler County, Missouri?
Home prices and rent are moving in opposite directions in Schuyler County: home prices rose about 44.2% a year while rent fell about 2.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Schuyler County, Missouri?
51.8% of households in Schuyler County, Missouri own their home, lower than the Missouri average of 60.1%.
What is the vacancy rate in Schuyler County, Missouri?
The housing vacancy rate in Schuyler County, Missouri is 34.4%, higher than the Missouri average of 11.6%.