Miller County, Missouri Housing Market
In Miller County, Missouri, the median home value is $192,600, with a median monthly rent of $763. This places Miller County at #1486 nationally out of 3134 counties by median home value, and #34 within Missouri.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $891
- Establishments: 737
- BLS QCEW, 2025
Housing Supply
- Single-family: 51
- Multi-family: 35
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,618 (avg $56,616)
- Outflow: 8,986 (avg $56,385)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Miller County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 65026 | 291.1 | +5.29% | 2025 |
| 2 | 65072 | 307.9 | +1.22% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Miller County Compares
| Metric | Miller County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $192,600 | $175,712 | $227,706 |
| Median Gross Rent | $763 | $782 | $968 |
| Owner Occupancy Rate | 73.9% | 73.7% | 73.3% |
| Price/Rent Ratio | 21.0 | 18.8 | 18.7 |
Market Analysis
The median home value in Miller County is 9.6% above the Missouri state average and 15.4% below the U.S. national average. The median rent of $763/month is 2.4% below the state average.
With a price-to-rent ratio of 21.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Miller 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Kankakee County | Illinois | $192,600 | $1,097 |
| Mecklenburg County | Virginia | $192,600 | $823 |
| Cheboygan County | Michigan | $192,500 | $773 |
| Schoharie County | New York | $192,500 | $909 |
| Beaufort County | North Carolina | $192,700 | $871 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Morgan County | $194,400 | $721 | 79.7% |
| Newton County | $190,700 | $817 | 76.6% |
| Dallas County | $190,300 | $642 | 75.9% |
| Pulaski County | $189,800 | $1,112 | 61.2% |
| Perry County | $188,200 | $923 | 76.5% |
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).