Median Home Price
$213,707.7
Median RentBETTER
$1,176.83/mo
Price-to-Rent Ratio
15.1
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
+1.4%
Price Change (5Y)BETTER
+7.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$101,524
Median Home PriceBETTER
$175,440.91
Median Rent
$1,284.48/mo
Price-to-Rent RatioBETTER
11.4
Property Tax RateTIE
0.97%
Price Change (1Y)
+0.9%
Price Change (5Y)
+4.5%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$37,880
Key Differences
Home Prices
Joplin's median home price of $213,707.7 is higher than St. Louis's $175,440.91 by 22%.
Monthly Rent
Renting in Joplin costs $1,176.83/mo compared to $1,284.48/mo in St. Louis—a difference of $107.65/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.