Pettis County, Missouri Housing Market

In Pettis County, Missouri, the median home value is $166,300, with a median monthly rent of $885. This places Pettis County at #1875 nationally out of 3134 counties by median home value, and #62 within Missouri.

Median Home Value $166,300
Median Rent $885/mo
Owner Occupancy 69.1%
Price/Rent Ratio 15.7

📈 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 Pettis County rose +11.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

16,027
jobs (private sector)
  • Avg weekly wage: $975
  • Establishments: 1,237
  • BLS QCEW, 2025
🏗️

Housing Supply

117
new units authorized (2025)
  • Single-family: 29
  • Multi-family: 88
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+814
net migration (filers, 2021-2022)
  • Inflow: 16,607 (avg $59,975)
  • Outflow: 15,793 (avg $60,297)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 65340 241.8 +19.10% 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 Pettis County Compares

MetricPettis CountyMissouri AverageU.S. Average
Median Home Value $166,300 $175,712 $227,706
Median Gross Rent $885 $782 $968
Owner Occupancy Rate 69.1% 73.7% 73.3%
Price/Rent Ratio 15.7 18.8 18.7

Market Analysis

The median home value in Pettis County is 5.4% below the Missouri state average and 27.0% below the U.S. national average. The median rent of $885/month is 13.2% above the state average.

With a price-to-rent ratio of 15.7, the buy-vs-rent decision in Pettis County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Pettis County has an owner-occupancy rate of 69.1%, 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
Buchanan County Missouri $166,300 $902
Morgan County Tennessee $166,300 $770
Hardy County West Virginia $166,300 $816
Cerro Gordo County Iowa $166,400 $850
Dawson County Nebraska $166,200 $925

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Buchanan County $166,300 $902 66.3%
Caldwell County $166,500 $640 78.2%
Adair County $165,700 $772 61.0%
Jasper County $166,900 $973 62.8%
Dent County $167,500 $660 75.9%

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).