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Missouri Real Estate


According to census data in the year 2000 there were 2,442,017 housing units in Missouri. This represents a 11% from 2,199,129 in 1990.

Of those housing units, 1,667,241 were located in either urbanized areas or urban clusters, and 774,776 were located in what is classified as a rural area.

Homeownership rate in Missouri is about 70.3%. Missouri's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Missouri were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.5%
One Bedroom11.4%
Two Bedrooms30.4%
Three Bedrooms40.7%
Four Bedrooms13.2%
Five Bedrooms or more2.8%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1971
Median Value of occupied units$89,900
Median Price asked for vacant units$64,400

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1968
Median Monthly Rent asked for vacant units$364

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage6.2%
Home Equity Loan6.8%
Simple Mortgage54.4%
Debt Free32.4%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%

Cities & Towns


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