Polk County, Missouri Housing Market

In Polk County, Missouri, the median home value is $205,800, with a median monthly rent of $814. This places Polk County at #1345 nationally out of 3134 counties by median home value, and #28 within Missouri.

Median Home Value $205,800
Median Rent $814/mo
Owner Occupancy 71.6%
Price/Rent Ratio 21.1

📈 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 Polk County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,403
jobs (private sector)
  • Avg weekly wage: $807
  • Establishments: 769
  • BLS QCEW, 2025
🏗️

Housing Supply

61
new units authorized (2025)
  • Single-family: 47
  • Multi-family: 14
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+873
net migration (filers, 2021-2022)
  • Inflow: 11,890 (avg $59,283)
  • Outflow: 11,017 (avg $59,289)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 65613 224.1 -2.13% 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 Polk County Compares

MetricPolk CountyMissouri AverageU.S. Average
Median Home Value $205,800 $175,712 $227,706
Median Gross Rent $814 $782 $968
Owner Occupancy Rate 71.6% 73.7% 73.3%
Price/Rent Ratio 21.1 18.8 18.7

Market Analysis

The median home value in Polk County is 17.1% above the Missouri state average and 9.6% below the U.S. national average. The median rent of $814/month is 4.1% above the state average.

With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Polk County has an owner-occupancy rate of 71.6%, 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
Clark County Kentucky $205,800 $938
Grady County Oklahoma $205,800 $883
Davison County South Dakota $205,800 $847
Douglas County Wisconsin $205,800 $909
Banner County Nebraska $205,700 $975

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Phelps County $206,500 $798 61.7%
Cooper County $203,500 $782 75.7%
Callaway County $201,600 $887 75.5%
Ray County $198,800 $782 77.3%
St. Louis city $197,500 $997 45.3%

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).