Missouri Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Kansas City has emerged as one of the Midwest's most dynamic housing markets, with the Crossroads Arts District, West Bottoms, and Brookside neighborhoods driving urban revitalization. The Chiefs' Super Bowl success has boosted national attention and pride of place. St. Louis offers staggering value — brick four-family flats in South City for under $200,000, restored Victorians in Tower Grove for $350,000, and suburban McMansions in West County for prices that wouldn't buy a studio apartment in San Francisco. Columbia continues to grow steadily as a university and healthcare center with a tight housing market.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Missouri?

The Missouri housing market is showing balanced conditions.

home values have grown a moderate 2.3% year-over-year. there are currently 818 homes on the market.

Median Home Value

$258,099

Zillow Home Value Index

Year-over-Year

+2.3%

Home value change

5-Year Change

+35.1%

Since 2021

Median Rent

$1,073/mo

Zillow Observed Rent Index

Active Listings

818

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Missouri vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Missouri: $1,073/mo (+7.7% YoY)

Rent vs. Buy Analysis

With a median home value of $258,099 and average rent of $1,073/mo, the price-to-rent ratio in Missouri is 20.0. A ratio of 15-21 means it could go either way — run the numbers.

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