Wright County, Missouri Housing Market Prices
Wright County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 42% above the Missouri median More expensive than 78% of counties in Missouri$207,273
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Median rent 40% below the Missouri median Cheaper than 90% of counties in Missouri$624
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wright County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $207,273 | $145,462 | $248,835 |
| Price Trend (Annual %) | 27.0% | 5.2% | 7.5% |
| Median Gross Rent | $624 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.3% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wright County is about 42% higher than in Missouri. Rent is about 40% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Wright County, up about 27.0% and 2.3% a year respectively. Home prices are changing faster.
Median rent in Wright County rose about 19.6% between 2015 and 2024, from $522 to $625. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Wright County.
Buying the median-priced home in Wright County costs roughly 27.7 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 Wright County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Wright County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $207,273 | $145,462 | $248,835 |
| Median Household Income | $48,416 | $70,801 | $80,455 |
| Price-to-Income Ratio | 4.3 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wright County rose about 423.0%, while median household income rose about 54.2% between 2009 and 2025 — 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 | Wright County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.2% | 60.5% | 58.5% |
| Rental Rate | 19.6% | 28.3% | 31.2% |
| Vacancy Rate | 14.1% | 11.2% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Wright County has a homeownership rate of 66.2%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 14.1%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Wright County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1984 | 1978 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Wright County was built around 1984. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Wright County, MO Housing Compared With Nearby Counties
Wright County, MO is the smallest of the 4 counties compared here, 18,965 residents against a local median of 40,500. Where Wright County, MO breaks from the counties next to it is median rent, sitting 23% below the local median of $809 at $625.
The counties themselves spread $323 on median rent, so Wright County, MO sits at one end of an already wide local range rather than apart from it. Wright County, MO has the 4th highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Wright County, MO | 18,965 | $207,273 #2/4 | $625 #4/4 | 77.1% #2/4 |
| Laclede County, MO | 36,390 | $32,250 | $809 | 68.2% |
| Webster County, MO | 40,500 | $260,776 | $789 | 77.4% |
| Pulaski County, MO | 53,894 | $189,717 | $1,112 | 61.2% |
Frequently Asked Questions
Common questions about the housing market in Wright County, Missouri.
What is the median home price in Wright County, Missouri?
The median home price in Wright County, Missouri is $207,273, higher than the Missouri average of $145,462.
What is the average home price in Wright County, Missouri?
The typical home price in Wright County, Missouri, reported as the median sale price, is $207,273. 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 Wright County, Missouri?
The median gross rent in Wright County, Missouri is $625 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Wright County in 2020?
In 2020, the median gross rent in Wright County, Missouri was $492 per month.
What is the price-to-rent ratio in Wright County, Missouri?
The price-to-rent ratio in Wright County, Missouri is about 27.7, meaning it would take roughly 27.7 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 Wright County.
Are home prices or rent rising faster in Wright County, Missouri?
Both home prices and rent are rising in Wright County, up about 27.0% and 2.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wright County, Missouri?
66.2% of households in Wright County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Wright County, Missouri?
The housing vacancy rate in Wright County, Missouri is 14.1%, higher than the Missouri average of 11.2%.
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