Adair County, Missouri Housing Market

In Adair County, Missouri, the median home value is $165,700, with a median monthly rent of $772. This places Adair County at #1892 nationally out of 3134 counties by median home value, and #64 within Missouri.

Median Home Value $165,700
Median Rent $772/mo
Owner Occupancy 61.0%
Price/Rent Ratio 17.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Adair County rose +5.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,384
jobs (private sector)
  • Avg weekly wage: $872
  • Establishments: 767
  • BLS QCEW, 2025
🏗️

Housing Supply

9
new units authorized (2025)
  • Single-family: 9
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+687
net migration (filers, 2021-2022)
  • Inflow: 8,629 (avg $60,826)
  • Outflow: 7,942 (avg $61,937)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Adair County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 63501 193.4 +6.80% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Adair County Compares

MetricAdair CountyMissouri AverageU.S. Average
Median Home Value $165,700 $175,712 $227,706
Median Gross Rent $772 $782 $968
Owner Occupancy Rate 61.0% 73.7% 73.3%
Price/Rent Ratio 17.9 18.8 18.7

Market Analysis

The median home value in Adair County is 5.7% below the Missouri state average and 27.2% below the U.S. national average. The median rent of $772/month is 1.3% below the state average.

With a price-to-rent ratio of 17.9, the buy-vs-rent decision in Adair County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Adair County has an owner-occupancy rate of 61.0%, compared to 73.7% in Missouri and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Russell County Alabama $165,700 $939
Prairie County Montana $165,700 $627
Pecos County Texas $165,700 $918
Cleburne County Alabama $165,600 $798
Lyman County South Dakota $165,800 $651

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Pettis County $166,300 $885 69.1%
Buchanan County $166,300 $902 66.3%
Caldwell County $166,500 $640 78.2%
Jasper County $166,900 $973 62.8%
Dent County $167,500 $660 75.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).