Vernon County, Missouri Housing Market
In Vernon County, Missouri, the median home value is $158,800, with a median monthly rent of $734. This places Vernon County at #2045 nationally out of 3134 counties by median home value, and #74 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: $899
- Establishments: 654
- BLS QCEW, 2025
Housing Supply
- Single-family: 7
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,655 (avg $51,700)
- Outflow: 7,133 (avg $51,193)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Vernon County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 64772 | 225.8 | +14.25% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Vernon County Compares
| Metric | Vernon County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $158,800 | $175,712 | $227,706 |
| Median Gross Rent | $734 | $782 | $968 |
| Owner Occupancy Rate | 71.3% | 73.7% | 73.3% |
| Price/Rent Ratio | 18.0 | 18.8 | 18.7 |
Market Analysis
The median home value in Vernon County is 9.6% below the Missouri state average and 30.3% below the U.S. national average. The median rent of $734/month is 6.1% below the state average.
With a price-to-rent ratio of 18.0, the buy-vs-rent decision in Vernon County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Vernon County has an owner-occupancy rate of 71.3%, 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 |
|---|---|---|---|
| Decatur County | Georgia | $158,800 | $838 |
| Scotland County | Missouri | $158,800 | $511 |
| Orange County | Indiana | $158,700 | $855 |
| Cherokee County | Iowa | $158,700 | $758 |
| Roscommon County | Michigan | $158,700 | $816 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Scotland County | $158,800 | $511 | 82.4% |
| Madison County | $159,000 | $808 | 73.7% |
| Randolph County | $159,300 | $760 | 71.4% |
| Howard County | $159,400 | $832 | 78.7% |
| Carter County | $159,400 | $656 | 60.7% |
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).