Butler County, Missouri Housing Market

In Butler County, Missouri, the median home value is $145,100, with a median monthly rent of $780. This places Butler County at #2310 nationally out of 3134 counties by median home value, and #87 within Missouri.

Median Home Value $145,100
Median Rent $780/mo
Owner Occupancy 64.6%
Price/Rent Ratio 15.5

📈 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 Butler County rose +7.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

14,483
jobs (private sector)
  • Avg weekly wage: $889
  • Establishments: 1,461
  • BLS QCEW, 2025
🏗️

Housing Supply

45
new units authorized (2025)
  • Single-family: 25
  • Multi-family: 20
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+860
net migration (filers, 2021-2022)
  • Inflow: 15,653 (avg $56,389)
  • Outflow: 14,793 (avg $57,179)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 63901 210.2 +3.09% 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 Butler County Compares

MetricButler CountyMissouri AverageU.S. Average
Median Home Value $145,100 $175,712 $227,706
Median Gross Rent $780 $782 $968
Owner Occupancy Rate 64.6% 73.7% 73.3%
Price/Rent Ratio 15.5 18.8 18.7

Market Analysis

The median home value in Butler County is 17.4% below the Missouri state average and 36.3% below the U.S. national average. The median rent of $780/month is about equal to the state average.

With a price-to-rent ratio of 15.5, the buy-vs-rent decision in Butler County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Butler County has an owner-occupancy rate of 64.6%, 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
Tishomingo County Mississippi $145,100 $682
Calhoun County Florida $145,300 $779
Stephens County Oklahoma $145,300 $895
Franklin County New York $145,400 $843
Randolph County West Virginia $144,800 $821

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Pike County $146,000 $778 73.3%
Texas County $146,700 $665 77.2%
Stoddard County $143,300 $760 71.8%
Audrain County $143,100 $693 71.8%
Livingston County $147,700 $768 72.3%

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).