Madison County, Missouri Housing Market

In Madison County, Missouri, the median home value is $159,000, with a median monthly rent of $808. This places Madison County at #2041 nationally out of 3134 counties by median home value, and #73 within Missouri.

Median Home Value $159,000
Median Rent $808/mo
Owner Occupancy 73.7%
Price/Rent Ratio 16.4

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

2,718
jobs (private sector)
  • Avg weekly wage: $794
  • Establishments: 318
  • BLS QCEW, 2025
🏗️

Housing Supply

40
new units authorized (2025)
  • Single-family: 0
  • Multi-family: 40
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+275
net migration (filers, 2021-2022)
  • Inflow: 4,527 (avg $53,123)
  • Outflow: 4,252 (avg $53,661)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 63645 193.1 +0.56% 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 Madison County Compares

MetricMadison CountyMissouri AverageU.S. Average
Median Home Value $159,000 $175,712 $227,706
Median Gross Rent $808 $782 $968
Owner Occupancy Rate 73.7% 73.7% 73.3%
Price/Rent Ratio 16.4 18.8 18.7

Market Analysis

The median home value in Madison County is 9.5% below the Missouri state average and 30.2% below the U.S. national average. The median rent of $808/month is 3.3% above the state average.

With a price-to-rent ratio of 16.4, the buy-vs-rent decision in Madison County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Madison County has an owner-occupancy rate of 73.7%, 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
Dillingham Census Area Alaska $159,000 $1,105
Crockett County Tennessee $158,900 $857
Gonzales County Texas $159,100 $840
Brown County Texas $158,900 $919
Decatur County Georgia $158,800 $838

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Vernon County $158,800 $734 71.3%
Scotland County $158,800 $511 82.4%
Randolph County $159,300 $760 71.4%
Howard County $159,400 $832 78.7%
Carter County $159,400 $656 60.7%

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).