Lawrence County, Missouri Housing Market

In Lawrence County, Missouri, the median home value is $175,100, with a median monthly rent of $800. This places Lawrence County at #1701 nationally out of 3134 counties by median home value, and #47 within Missouri.

Median Home Value $175,100
Median Rent $800/mo
Owner Occupancy 73.9%
Price/Rent Ratio 18.2

📈 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 Lawrence County rose +1.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,144
jobs (private sector)
  • Avg weekly wage: $960
  • Establishments: 876
  • BLS QCEW, 2025
🏗️

Housing Supply

149
new units authorized (2025)
  • Single-family: 55
  • Multi-family: 94
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+775
net migration (filers, 2021-2022)
  • Inflow: 14,755 (avg $55,181)
  • Outflow: 13,980 (avg $55,203)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Lawrence County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 65712 254.6 -1.74% 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 Lawrence County Compares

MetricLawrence CountyMissouri AverageU.S. Average
Median Home Value $175,100 $175,712 $227,706
Median Gross Rent $800 $782 $968
Owner Occupancy Rate 73.9% 73.7% 73.3%
Price/Rent Ratio 18.2 18.8 18.7

Market Analysis

The median home value in Lawrence County is about equal to the Missouri state average and 23.1% below the U.S. national average. The median rent of $800/month is 2.3% above the state average.

With a price-to-rent ratio of 18.2, the buy-vs-rent decision in Lawrence County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Lawrence County has an owner-occupancy rate of 73.9%, 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
Mitchell County Iowa $175,100 $738
Beadle County South Dakota $175,100 $879
Grant County West Virginia $175,100 $644
Blount County Alabama $175,200 $776
Lawrence County Indiana $175,000 $845

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Hickory County $176,100 $648 82.4%
Howell County $173,000 $733 70.3%
Nodaway County $177,500 $786 62.3%
Crawford County $172,600 $795 69.2%
Benton County $177,900 $773 83.8%

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).