Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$282,499
$509

Housing Market Overview

Metric Shannon County Missouri Avg US Average
Median Home Price $282,499 $136,017 $242,182
Price Trend (Annual %) 69.1% 5.0% 8.2%
Median Gross Rent $509 $995 $1,342
Rent Trend (Annual %) -1.6% 4.0% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Shannon County
Missouri
United States
Year Shannon County Missouri United States
Median Rent Over Time
Shannon County
Missouri
United States
Year Shannon County Missouri United States

Affordability

On average, housing unit costs 4.8 yearly household incomes in Shannon County.

Metric Shannon County Missouri Avg US Average
Median Home Price $282,499 $136,017 $242,182
Median Household Income $58,723 $69,051 $78,145
Price-to-Income Ratio 4.8 2.0 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Shannon County Missouri Avg US Average
Homeownership Rate 66.2% 60.1% 58.2%
Rental Rate 13.4% 28.4% 31.3%
Vacancy Rate 20.4% 11.6% 10.6%
Median Tenure (years) 17.0 15.0 15.0
Median Year Moved In 2009 2011 2011

Housing Stock

Metric Shannon County Missouri Avg US Average
Average Household Size 2.51 people 2.42 people 2.54 people
Median Structure Built Year 1981 1977 1978
Median Number of Rooms 5.4 5.7 5.5