Ralls County, Missouri Housing Market

In Ralls County, Missouri, the median home value is $168,200, with a median monthly rent of $749. This places Ralls County at #1842 nationally out of 3134 counties by median home value, and #57 within Missouri.

Median Home Value $168,200
Median Rent $749/mo
Owner Occupancy 85.5%
Price/Rent Ratio 18.7

📈 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 Ralls County rose +5.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,245
jobs (private sector)
  • Avg weekly wage: $1,069
  • Establishments: 250
  • BLS QCEW, 2025
🏗️

Housing Supply

3
new units authorized (2025)
  • Single-family: 3
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+258
net migration (filers, 2021-2022)
  • Inflow: 4,245 (avg $70,169)
  • Outflow: 3,987 (avg $70,068)
  • IRS Statistics of Income

How Ralls County Compares

MetricRalls CountyMissouri AverageU.S. Average
Median Home Value $168,200 $175,712 $227,706
Median Gross Rent $749 $782 $968
Owner Occupancy Rate 85.5% 73.7% 73.3%
Price/Rent Ratio 18.7 18.8 18.7

Market Analysis

The median home value in Ralls County is 4.3% below the Missouri state average and 26.1% below the U.S. national average. The median rent of $749/month is 4.2% below the state average.

With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Ralls County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Ralls County has an owner-occupancy rate of 85.5%, 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

CountyStateMedian Home ValueMedian Rent
Douglas County Missouri $168,200 $700
Carter County Tennessee $168,200 $739
Fentress County Tennessee $168,200 $709
Bethel Census Area Alaska $168,100 $1,474
Marion County Kentucky $168,100 $726

Other Counties in Missouri

CountyMedian Home ValueMedian RentOwner Occ.
Douglas County $168,200 $700 80.6%
Cedar County $168,100 $767 74.1%
Laclede County $168,400 $809 68.2%
Ozark County $168,600 $631 82.1%
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).