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 | Taney County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,821 | $136,017 | $242,182 |
| Price Trend (Annual %) | 8.0% | 5.0% | 8.2% |
| Median Gross Rent | $925 | $995 | $1,342 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Taney County is about 18% higher than in Missouri. Rent is about 7% 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 Taney County, up about 8.0% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Taney County rose about 33.5% between 2015 and 2023, from $693 to $925. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Taney County.
Buying the median-priced home in Taney County costs roughly 14.4 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 Taney County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Taney County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,821 | $136,017 | $242,182 |
| Median Household Income | $57,827 | $69,051 | $78,145 |
| Price-to-Income Ratio | 2.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Taney County rose about 55.8%, while median household income rose about 44.1% 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 | Taney County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.6% | 60.1% | 58.2% |
| Rental Rate | 24.5% | 28.4% | 31.3% |
| Vacancy Rate | 25.9% | 11.6% | 10.6% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Taney County has a homeownership rate of 49.6%, lower than the Missouri average of 60.1%. Its housing vacancy rate is 25.9%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Taney County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1993 | 1977 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in Taney County was built around 1993. On average, 2.5 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Taney County, Missouri.
What is the median home price in Taney County, Missouri?
The median home price in Taney County, Missouri is $159,821, higher than the Missouri average of $136,017.
What is the average home price in Taney 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 Taney County, Missouri?
The median gross rent in Taney County, Missouri is $925 per month, lower than the Missouri average of $995.
What was the median gross rent in Taney County in 2020?
In 2020, the median gross rent in Taney County, Missouri was $794 per month.
What is the price-to-rent ratio in Taney County, Missouri?
The price-to-rent ratio in Taney County, Missouri is about 14.4, meaning it would take roughly 14.4 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 Taney County.
Are home prices or rent rising faster in Taney County, Missouri?
Both home prices and rent are rising in Taney County, up about 8.0% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Taney County, Missouri?
49.6% of households in Taney County, Missouri own their home, lower than the Missouri average of 60.1%.
What is the vacancy rate in Taney County, Missouri?
The housing vacancy rate in Taney County, Missouri is 25.9%, higher than the Missouri average of 11.6%.