Sullivan County, Missouri Housing Market
In Sullivan County, Missouri, the median home value is $115,600, with a median monthly rent of $673. This places Sullivan County at #2715 nationally out of 3134 counties by median home value, and #102 within Missouri.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,028
- Establishments: 117
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,246 (avg $47,720)
- Outflow: 2,162 (avg $47,955)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Sullivan County Compares
| Metric | Sullivan County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $115,600 | $175,712 | $227,706 |
| Median Gross Rent | $673 | $782 | $968 |
| Owner Occupancy Rate | 75.1% | 73.7% | 73.3% |
| Price/Rent Ratio | 14.3 | 18.8 | 18.7 |
Market Analysis
The median home value in Sullivan County is 34.2% below the Missouri state average and 49.2% below the U.S. national average. The median rent of $673/month is 13.9% below the state average.
With a price-to-rent ratio of 14.3, buying a home in Sullivan County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Sullivan County has an owner-occupancy rate of 75.1%, 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 |
|---|---|---|---|
| Chattooga County | Georgia | $115,600 | $790 |
| Jackson Parish | Louisiana | $115,600 | $736 |
| Coosa County | Alabama | $115,500 | $665 |
| Montgomery County | Georgia | $115,500 | $760 |
| Christian County | Illinois | $115,500 | $785 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Carroll County | $117,500 | $822 | 71.9% |
| Oregon County | $113,300 | $639 | 74.9% |
| Grundy County | $112,500 | $696 | 69.7% |
| Iron County | $119,300 | $664 | 75.1% |
| New Madrid County | $111,800 | $729 | 64.2% |
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).