Marion County, Missouri Housing Market

In Marion County, Missouri, the median home value is $162,000, with a median monthly rent of $808. This places Marion County at #1974 nationally out of 3134 counties by median home value, and #65 within Missouri.

Median Home Value $162,000
Median Rent $808/mo
Owner Occupancy 69.3%
Price/Rent Ratio 16.7

📈 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 Marion County rose +9.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,221
jobs (private sector)
  • Avg weekly wage: $1,039
  • Establishments: 945
  • BLS QCEW, 2025
🏗️

Housing Supply

41
new units authorized (2025)
  • Single-family: 39
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+549
net migration (filers, 2021-2022)
  • Inflow: 11,338 (avg $66,637)
  • Outflow: 10,789 (avg $67,080)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Marion County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 63461 315.6 +23.10% 2025
2 63401 241.9 +5.02% 2025
3 63456 198.6 +4.51% 2024

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 Marion County Compares

MetricMarion CountyMissouri AverageU.S. Average
Median Home Value $162,000 $175,712 $227,706
Median Gross Rent $808 $782 $968
Owner Occupancy Rate 69.3% 73.7% 73.3%
Price/Rent Ratio 16.7 18.8 18.7

Market Analysis

The median home value in Marion County is 7.8% below the Missouri state average and 28.9% 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 16.7, the buy-vs-rent decision in Marion County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Marion County has an owner-occupancy rate of 69.3%, 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
Red Lake County Minnesota $162,000 $583
LaSalle County Illinois $161,900 $928
Davis County Iowa $161,900 $868
Chippewa County Michigan $161,900 $797
Mahnomen County Minnesota $161,900 $696

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Daviess County $161,800 $696 79.1%
Chariton County $160,900 $567 83.5%
Henry County $160,600 $768 75.0%
Wright County $160,100 $625 77.1%
Howard County $159,400 $832 78.7%

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).