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 | Webster County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $138,362 | $136,017 | $242,182 |
| Price Trend (Annual %) | 14.8% | 5.0% | 8.2% |
| Median Gross Rent | $776 | $995 | $1,342 |
| Rent Trend (Annual %) | 3.7% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Webster County is about 2% higher than in Missouri. Rent is about 22% 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 Webster County, up about 14.8% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Webster County rose about 30.5% between 2015 and 2023, from $595 to $776. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Webster County.
Buying the median-priced home in Webster County costs roughly 14.9 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 Webster County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Webster County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $138,362 | $136,017 | $242,182 |
| Median Household Income | $68,948 | $69,051 | $78,145 |
| Price-to-Income Ratio | 2.0 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Webster County rose about 117.9%, while median household income rose about 74.6% 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 | Webster County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.6% | 60.1% | 58.2% |
| Rental Rate | 21.0% | 28.4% | 31.3% |
| Vacancy Rate | 10.5% | 11.6% | 10.6% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Webster County has a homeownership rate of 68.6%, higher than the Missouri average of 60.1%. Its housing vacancy rate is 10.5%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Webster County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.83 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1988 | 1977 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Webster County was built around 1988. On average, 2.8 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Webster County, Missouri.
What is the median home price in Webster County, Missouri?
The median home price in Webster County, Missouri is $138,362, higher than the Missouri average of $136,017.
What is the average home price in Webster 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 Webster County, Missouri?
The median gross rent in Webster County, Missouri is $776 per month, lower than the Missouri average of $995.
What was the median gross rent in Webster County in 2020?
In 2020, the median gross rent in Webster County, Missouri was $652 per month.
What is the price-to-rent ratio in Webster County, Missouri?
The price-to-rent ratio in Webster County, Missouri is about 14.9, meaning it would take roughly 14.9 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 Webster County.
Are home prices or rent rising faster in Webster County, Missouri?
Both home prices and rent are rising in Webster County, up about 14.8% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Webster County, Missouri?
68.6% of households in Webster County, Missouri own their home, higher than the Missouri average of 60.1%.
What is the vacancy rate in Webster County, Missouri?
The housing vacancy rate in Webster County, Missouri is 10.5%, lower than the Missouri average of 11.6%.