Laclede County, Missouri Housing Market

In Laclede County, Missouri, the median home value is $168,400, with a median monthly rent of $809. This places Laclede County at #1839 nationally out of 3134 counties by median home value, and #55 within Missouri.

Median Home Value $168,400
Median Rent $809/mo
Owner Occupancy 68.2%
Price/Rent Ratio 17.3

📈 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 Laclede County rose +7.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,450
jobs (private sector)
  • Avg weekly wage: $936
  • Establishments: 832
  • BLS QCEW, 2025
🏗️

Housing Supply

4
new units authorized (2025)
  • Single-family: 4
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+884
net migration (filers, 2021-2022)
  • Inflow: 13,767 (avg $58,508)
  • Outflow: 12,883 (avg $58,462)
  • IRS Statistics of Income

How Laclede County Compares

MetricLaclede CountyMissouri AverageU.S. Average
Median Home Value $168,400 $175,712 $227,706
Median Gross Rent $809 $782 $968
Owner Occupancy Rate 68.2% 73.7% 73.3%
Price/Rent Ratio 17.3 18.8 18.7

Market Analysis

The median home value in Laclede County is 4.2% below the Missouri state average and 26.0% below the U.S. national average. The median rent of $809/month is 3.5% above the state average.

With a price-to-rent ratio of 17.3, the buy-vs-rent decision in Laclede County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Laclede County has an owner-occupancy rate of 68.2%, 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
Clayton County Iowa $168,500 $790
Sanilac County Michigan $168,300 $807
Scotts Bluff County Nebraska $168,500 $909
Carter County Oklahoma $168,500 $980
Cherokee County Oklahoma $168,500 $831

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Douglas County $168,200 $700 80.6%
Ozark County $168,600 $631 82.1%
Ralls County $168,200 $749 85.5%
Cedar County $168,100 $767 74.1%
DeKalb County $169,200 $817 71.1%

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).