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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Dexter, MO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dexter, MO Housing Market Trends

With 7,866 people, 3,290 houses or apartments, and a median cost of homes of $182,594, house prices in Dexter are solidly below the national average.

Single-family detached homes are the single most common housing type in Dexter, accounting for 75.70% of the city's housing units. Other types of housing that are prevalent in Dexter include duplexes, homes converted to apartments or other small apartment buildings ( 18.23%), large apartment complexes or high rise apartments ( 2.78%), and a few mobile homes or trailers ( 2.76%).

The most prevalent building size and type in Dexter are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.97% owning and 43.03% renting.

There is a lot of housing in Dexter built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dexter built between 1940-1969 ( 38.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.88%). There's also some housing in Dexter built before 1939 ( 8.42%).

Vacant housing appears to be an issue in Dexter. Fully 16.79% of the housing stock is classified as vacant. Left unchecked, vacant Dexter homes and apartments can be a drag on the real estate market, holding Dexter real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Dexter Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Dexter, where house values have increased just 39.42%, which is annualized rate of 3.38%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Dexter appreciation rates have trailed the rest of the nation. In the last twelve months, Dexter's appreciation rate has been -7.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dexter were at -0.73%, which equates to an annual appreciation rate of -2.90%.

Notably, Dexter's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Missouri, our data show that Dexter's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.

Average Home Values

Median Home Value

$182,594

Dexter, MO Home Prices
> $1,209,000
$907,001 - $1,209,000
$604,001 - $907,000
$483,001 - $604,000
$363,001 - $483,000
$242,001 - $363,000
$121,001 - $242,000
$61,001 - $121,000
$0 - $61,000
0.0%
0.0%
1.0%
1.0%
0.1%
0.1%
4.8%
4.8%
2.9%
2.9%
16.5%
16.5%
35.2%
35.2%
27.8%
27.8%
11.6%
11.6%
0% 100.0%
% of Homes
Low

for Missouri

Low

for nation

Number of Homes And Apartments:

3,290

Dexter Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,150 / per month

Homeownership Rate

Owners
Renters
57.0%
57.0%
43.0%
43.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
16.8%
16.8%
83.2%
83.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.9%
10.9%
42.0%
42.0%
38.7%
38.7%
8.4%
8.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
75.7%
75.7%
0.5%
0.5%
18.2%
18.2%
2.8%
2.8%
2.8%
2.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
10.8%
10.8%
34.7%
34.7%
41.5%
41.5%
10.5%
10.5%
1.6%
1.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Dexter

Zip Codes in Dexter, MO