Andrew County, Missouri Housing Market

In Andrew County, Missouri, the median home value is $215,400, with a median monthly rent of $961. This places Andrew County at #1246 nationally out of 3134 counties by median home value, and #26 within Missouri.

Median Home Value $215,400
Median Rent $961/mo
Owner Occupancy 76.7%
Price/Rent Ratio 18.7

📈 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 Andrew County rose +1.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,065
jobs (private sector)
  • Avg weekly wage: $791
  • Establishments: 436
  • BLS QCEW, 2025
🏗️

Housing Supply

3
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+373
net migration (filers, 2021-2022)
  • Inflow: 7,521 (avg $76,155)
  • Outflow: 7,148 (avg $76,233)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Andrew County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 64505 230.7 +6.44% 2025
2 64485 234.1 +0.13% 2025
3 64507 217.0 +5.60% 2025
4 64506 215.9 +7.12% 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 Andrew County Compares

MetricAndrew CountyMissouri AverageU.S. Average
Median Home Value $215,400 $175,712 $227,706
Median Gross Rent $961 $782 $968
Owner Occupancy Rate 76.7% 73.7% 73.3%
Price/Rent Ratio 18.7 18.8 18.7

Market Analysis

The median home value in Andrew County is 22.6% above the Missouri state average and 5.4% below the U.S. national average. The median rent of $961/month is 22.9% above the state average.

With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Andrew County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Andrew County has an owner-occupancy rate of 76.7%, compared to 73.7% in Missouri and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Wyoming County Pennsylvania $215,400 $943
Green Lake County Wisconsin $215,400 $818
Snyder County Pennsylvania $215,300 $929
Lowndes County Georgia $215,600 $1,052
Hart County Georgia $215,100 $844

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Lafayette County $216,500 $928 75.7%
Taney County $218,800 $926 67.0%
Maries County $219,100 $590 78.3%
Cape Girardeau County $220,700 $881 66.8%
Greene County $221,300 $989 57.5%

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).