Callaway County, Missouri Housing Market

In Callaway County, Missouri, the median home value is $201,600, with a median monthly rent of $887. This places Callaway County at #1380 nationally out of 3134 counties by median home value, and #30 within Missouri.

Median Home Value $201,600
Median Rent $887/mo
Owner Occupancy 75.5%
Price/Rent Ratio 18.9

📈 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 Callaway County rose +3.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,443
jobs (private sector)
  • Avg weekly wage: $1,230
  • Establishments: 866
  • BLS QCEW, 2025
🏗️

Housing Supply

46
new units authorized (2025)
  • Single-family: 40
  • Multi-family: 6
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+794
net migration (filers, 2021-2022)
  • Inflow: 17,510 (avg $71,303)
  • Outflow: 16,716 (avg $72,443)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Callaway County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 63361 236.4 +4.04% 2025
2 65251 261.9 +5.26% 2025
3 65101 242.4 +2.88% 2025
4 65043 244.7 +4.31% 2025
5 65080 234.7 -0.17% 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 Callaway County Compares

MetricCallaway CountyMissouri AverageU.S. Average
Median Home Value $201,600 $175,712 $227,706
Median Gross Rent $887 $782 $968
Owner Occupancy Rate 75.5% 73.7% 73.3%
Price/Rent Ratio 18.9 18.8 18.7

Market Analysis

The median home value in Callaway County is 14.7% above the Missouri state average and 11.5% below the U.S. national average. The median rent of $887/month is 13.4% above the state average.

With a price-to-rent ratio of 18.9, the buy-vs-rent decision in Callaway County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Callaway County has an owner-occupancy rate of 75.5%, 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
Otoe County Nebraska $201,600 $914
Marshall County Alabama $201,500 $795
Navajo County Arizona $201,500 $858
Liberty County Georgia $201,500 $1,246
Finney County Kansas $201,400 $1,048

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Cooper County $203,500 $782 75.7%
Ray County $198,800 $782 77.3%
St. Louis city $197,500 $997 45.3%
Polk County $205,800 $814 71.6%
Phelps County $206,500 $798 61.7%

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).