Carroll County, Missouri Housing Market

In Carroll County, Missouri, the median home value is $117,500, with a median monthly rent of $822. This places Carroll County at #2684 nationally out of 3134 counties by median home value, and #101 within Missouri.

Median Home Value $117,500
Median Rent $822/mo
Owner Occupancy 71.9%
Price/Rent Ratio 11.9

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,087
jobs (private sector)
  • Avg weekly wage: $893
  • Establishments: 250
  • BLS QCEW, 2025
🏗️

Housing Supply

18
new units authorized (2025)
  • Single-family: 18
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+149
net migration (filers, 2021-2022)
  • Inflow: 3,437 (avg $61,291)
  • Outflow: 3,288 (avg $62,382)
  • IRS Statistics of Income

How Carroll County Compares

MetricCarroll CountyMissouri AverageU.S. Average
Median Home Value $117,500 $175,712 $227,706
Median Gross Rent $822 $782 $968
Owner Occupancy Rate 71.9% 73.7% 73.3%
Price/Rent Ratio 11.9 18.8 18.7

Market Analysis

The median home value in Carroll County is 33.1% below the Missouri state average and 48.4% below the U.S. national average. The median rent of $822/month is 5.1% above the state average.

With a price-to-rent ratio of 11.9, buying a home in Carroll County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Carroll County has an owner-occupancy rate of 71.9%, 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
Cross County Arkansas $117,500 $764
Jay County Indiana $117,500 $770
Rock County Nebraska $117,500 $644
Sevier County Arkansas $117,600 $751
Webster County Nebraska $117,600 $647

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Iron County $119,300 $664 75.1%
Sullivan County $115,600 $673 75.1%
Putnam County $119,500 $521 83.0%
Ripley County $119,600 $654 79.1%
Oregon County $113,300 $639 74.9%

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).