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 | St. Clair County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $148,610 | $136,017 | $242,182 |
| Price Trend (Annual %) | 7.1% | 5.0% | 8.2% |
| Median Gross Rent | $607 | $995 | $1,342 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Clair County is about 9% higher than in Missouri. Rent is about 39% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in St. Clair County, up about 7.1% and 3.6% a year respectively. Home prices are changing faster.
Median rent in St. Clair County rose about 36.4% between 2015 and 2023, from $445 to $607. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in St. Clair County.
Buying the median-priced home in St. Clair County costs roughly 20.4 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 St. Clair County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | St. Clair County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $148,610 | $136,017 | $242,182 |
| Median Household Income | $47,459 | $69,051 | $78,145 |
| Price-to-Income Ratio | 3.1 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. Clair County rose about 11.0%, while median household income rose about 43.7% between 2009 and 2023 — 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 | St. Clair County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.5% | 60.1% | 58.2% |
| Rental Rate | 18.8% | 28.4% | 31.3% |
| Vacancy Rate | 22.8% | 11.6% | 10.6% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
St. Clair County has a homeownership rate of 58.5%, lower than the Missouri average of 60.1%. Its housing vacancy rate is 22.8%, compared with 11.6% in Missouri.
Housing Stock
| Metric | St. Clair County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.26 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1983 | 1977 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in St. Clair County was built around 1983. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. Clair County, Missouri.
What is the median home price in St. Clair County, Missouri?
The median home price in St. Clair County, Missouri is $148,610, higher than the Missouri average of $136,017.
What is the average home price in St. Clair 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 St. Clair County, Missouri?
The median gross rent in St. Clair County, Missouri is $607 per month, lower than the Missouri average of $995.
What was the median gross rent in St. Clair County in 2020?
In 2020, the median gross rent in St. Clair County, Missouri was $532 per month.
What is the price-to-rent ratio in St. Clair County, Missouri?
The price-to-rent ratio in St. Clair County, Missouri is about 20.4, meaning it would take roughly 20.4 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 St. Clair County.
Are home prices or rent rising faster in St. Clair County, Missouri?
Both home prices and rent are rising in St. Clair County, up about 7.1% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in St. Clair County, Missouri?
58.5% of households in St. Clair County, Missouri own their home, lower than the Missouri average of 60.1%.
What is the vacancy rate in St. Clair County, Missouri?
The housing vacancy rate in St. Clair County, Missouri is 22.8%, higher than the Missouri average of 11.6%.