Dallas County, Missouri Housing Market

In Dallas County, Missouri, the median home value is $190,300, with a median monthly rent of $642. This places Dallas County at #1511 nationally out of 3134 counties by median home value, and #36 within Missouri.

Median Home Value $190,300
Median Rent $642/mo
Owner Occupancy 75.9%
Price/Rent Ratio 24.7

📈 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 Dallas County rose +3.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,347
jobs (private sector)
  • Avg weekly wage: $677
  • Establishments: 432
  • BLS QCEW, 2025
🏗️

Housing Supply

13
new units authorized (2025)
  • Single-family: 13
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+434
net migration (filers, 2021-2022)
  • Inflow: 6,305 (avg $51,138)
  • Outflow: 5,871 (avg $51,052)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Dallas County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 65622 234.7 +8.29% 2025
2 65648 250.4 +7.68% 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 Dallas County Compares

MetricDallas CountyMissouri AverageU.S. Average
Median Home Value $190,300 $175,712 $227,706
Median Gross Rent $642 $782 $968
Owner Occupancy Rate 75.9% 73.7% 73.3%
Price/Rent Ratio 24.7 18.8 18.7

Market Analysis

The median home value in Dallas County is 8.3% above the Missouri state average and 16.4% below the U.S. national average. The median rent of $642/month is 17.9% below the state average.

With a price-to-rent ratio of 24.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Dallas County has an owner-occupancy rate of 75.9%, 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
Oceana County Michigan $190,100 $759
Roanoke city Virginia $190,500 $996
Levy County Florida $190,600 $850
Mobile County Alabama $190,700 $1,052
Newton County Missouri $190,700 $817

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Newton County $190,700 $817 76.6%
Pulaski County $189,800 $1,112 61.2%
Perry County $188,200 $923 76.5%
Miller County $192,600 $763 73.9%
Barry County $187,800 $766 77.3%

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).