Oak Grove, MO housing market
The typical Oak Grove home is worth about $297,000, up 4.1% in a year, 11% above the Missouri typical home. Homes typically sell in 31 days.
Home values, sales, trends and how Oak Grove compares with the towns next door — updated as new data is published.
Oak Grove at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Oak Grove | Missouri |
|---|---|---|
| 2017 | $154,000 | $148,000 |
| 2018 | $165,000 | $156,000 |
| 2019 | $179,000 | $165,000 |
| 2020 | $191,000 | $173,000 |
| 2021 | $216,000 | $193,000 |
| 2022 | $244,000 | $219,000 |
| 2023 | $263,000 | $237,000 |
| 2024 | $274,000 | $247,000 |
| 2025 | $284,000 | $258,000 |
| 2026 | $292,000 | $263,000 |
| August 2026 | $297,000 | $268,000 |
184 new homes permitted in 2025
Builders were permitted 184 new homes in Oak Grove in 2025: 140 single-family houses and 44 in buildings with two or more homes, worth about $39.6 million to build. That's 22 per 1,000 residents, faster than across Missouri (3.7). Over the past 10 years, Oak Grove has permitted 963 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Oak Grove gained 362 residents while 292 new homes were permitted: about 1.2 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Missouri: 1.1 new residents per new home.
How Oak Grove ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 56 | 56 | 0 | $20.3 million |
| 2025 | 184 | 140 | 44 | $39.6 million |
| 2024 | 108 | 78 | 30 | $17.2 million |
| 2023 | 73 | 73 | 0 | $15.7 million |
| 2022 | 195 | 60 | 135 | $21.7 million |
| 2021 | 112 | 106 | 6 | $22.3 million |
| 2020 | 80 | 80 | 0 | $16.5 million |
| 2019 | 89 | 49 | 40 | $17.6 million |
| 2018 | 20 | 20 | 0 | $4.5 million |
| 2017 | 53 | 53 | 0 | $11.3 million |
| 2016 | 49 | 49 | 0 | $9.2 million |
| 2015 | 33 | 33 | 0 | $5.7 million |
| 2014 | 18 | 18 | 0 | $3.4 million |
| 2013 | 10 | 10 | 0 | $1.9 million |
| 2012 | 4 | 4 | 0 | $602,000 |
| 2011 | 10 | 10 | 0 | $1.6 million |
| 2010 | 6 | 6 | 0 | $817,000 |
| 2009 | 16 | 11 | 5 | $2.2 million |
| 2008 | 8 | 8 | 0 | $1.1 million |
| 2007 | 20 | 20 | 0 | $2.5 million |
| 2006 | 31 | 31 | 0 | $5.4 million |
| 2005 | 72 | 72 | 0 | $9.1 million |
| 2004 | 85 | 69 | 16 | $9.2 million |
| 2003 | 77 | 69 | 8 | $9.2 million |
| 2002 | 67 | 59 | 8 | $6.6 million |
| 2001 | 269 | 146 | 123 | $13.8 million |
| 2000 | 110 | 36 | 74 | $6.9 million |
How Oak Grove ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.9 years of income
The typical Oak Grove home costs about 3.9 years of the town's median household income, about the same as across Missouri (3.8).
How Oak Grove ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,130
HUD's Fair Market Rent for a two-bedroom in Oak Grove is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Oak Grove pay a median of $1,044. A two-bedroom takes about 18% of the town's median household income.
Studio $900 · 4 bedrooms $1,740
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (64075; Kansas City, MO-KS HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.