Iron County, Missouri Housing Market
In Iron County, Missouri, the median home value is $119,300, with a median monthly rent of $664. This places Iron County at #2647 nationally out of 3134 counties by median home value, and #100 within Missouri.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $990
- Establishments: 559
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,449 (avg $50,074)
- Outflow: 3,213 (avg $50,243)
- IRS Statistics of Income
🔗 Explore Iron County on Our Sister Sites
Get the complete picture for Iron County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Iron County Compares
| Metric | Iron County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $119,300 | $175,712 | $227,706 |
| Median Gross Rent | $664 | $782 | $968 |
| Owner Occupancy Rate | 75.1% | 73.7% | 73.3% |
| Price/Rent Ratio | 15.0 | 18.8 | 18.7 |
Market Analysis
The median home value in Iron County is 32.1% below the Missouri state average and 47.6% below the U.S. national average. The median rent of $664/month is 15.1% below the state average.
With a price-to-rent ratio of 15.0, the buy-vs-rent decision in Iron County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Iron County has an owner-occupancy rate of 75.1%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Griggs County | North Dakota | $119,300 | $573 |
| Meigs County | Ohio | $119,300 | $722 |
| Hertford County | North Carolina | $119,200 | $844 |
| Pembina County | North Dakota | $119,200 | $684 |
| Baker County | Georgia | $119,500 | $631 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Putnam County | $119,500 | $521 | 83.0% |
| Ripley County | $119,600 | $654 | 79.1% |
| Carroll County | $117,500 | $822 | 71.9% |
| Sullivan County | $115,600 | $673 | 75.1% |
| Linn County | $123,300 | $620 | 78.5% |
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).