Platte County, Missouri Housing Market
In Platte County, Missouri, the median home value is $345,100, with a median monthly rent of $1,334. This places Platte County at #441 nationally out of 3134 counties by median home value, and #1 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: $1,152
- Establishments: 3,107
- BLS QCEW, 2025
Housing Supply
- Single-family: 228
- Multi-family: 197
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 45,962 (avg $120,113)
- Outflow: 42,545 (avg $124,123)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Platte County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 64098 | 292.1 | -3.33% | 2025 |
| 2 | 64153 | 242.9 | +1.95% | 2025 |
| 3 | 64079 | 254.7 | +6.53% | 2025 |
| 4 | 64152 | 244.6 | +4.68% | 2025 |
| 5 | 64154 | 215.2 | +1.88% | 2025 |
| 6 | 64018 | 204.5 | -1.26% | 2023 |
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 Platte County Compares
| Metric | Platte County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $345,100 | $175,712 | $227,706 |
| Median Gross Rent | $1,334 | $782 | $968 |
| Owner Occupancy Rate | 67.4% | 73.7% | 73.3% |
| Price/Rent Ratio | 21.6 | 18.8 | 18.7 |
Market Analysis
The median home value in Platte County is 96.4% above the Missouri state average and 51.6% above the U.S. national average. The median rent of $1,334/month is 70.6% above the state average.
With a price-to-rent ratio of 21.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Platte County has an owner-occupancy rate of 67.4%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Jackson County | Georgia | $345,000 | $1,126 |
| Union County | Ohio | $344,900 | $1,247 |
| Washington County | Wisconsin | $344,800 | $1,153 |
| Lake County | Illinois | $345,700 | $1,477 |
| Grafton County | New Hampshire | $344,500 | $1,301 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| St. Charles County | $320,800 | $1,370 | 80.5% |
| Camden County | $305,400 | $876 | 82.5% |
| Cass County | $292,400 | $1,205 | 75.6% |
| St. Louis County | $276,800 | $1,209 | 69.2% |
| Clay County | $275,600 | $1,243 | 69.5% |
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).