Sedalia, MO cityscape
Markets / Missouri / Sedalia
RENTAL MARKET INTELLIGENCE

Sedalia, MO

Sedalia merits investigation by yield-focused buyers who can tolerate weak rent momentum; investors relying on near-term rent growth or low water-hazard exposure should avoid it.

Median price$198k
Median rent$1,134
Gross yield6.9%
Job growth▲ 1.1%
CBSA 4274026 public sourcesChecked nightly
SCORE / 10056RANK #193 / 571
Composite Market ScoreRank #193 of 571 scored US metros
The read

Why this market scores where it does

Written from the figures on this page and then checked against them: every number below had to appear in the source record or recompute from two that did, or the text was rewritten.

Sedalia merits investigation by yield-focused buyers who can tolerate weak rent momentum; investors relying on near-term rent growth or low water-hazard exposure should avoid it. The median home value is $198,013, median asking rent is $1,134, and gross yield is 6.87%.

The opportunity combines 1.12% job growth with a tight 2.2 months of supply. Homes sell in a median 31 days. Yet pricing power is uneven: home values rose 3.18% while asking rents fell 1.88%, and 42.7% of listings had price drops.

Affordability may support renter capacity, with rent at 22.52% of median household income. Migration was nearly balanced, however, and outbound movers had higher average income than inbound movers. Inland flood is the dominant hazard, so property-level exposure and insurance checks matter before underwriting.

Frequently Asked Investor Questions

What are the basic purchase and rent economics?
The median home value is $198,013, median asking rent is $1,134 per month, and gross yield is 6.87%.
Are the demand signals improving?
The evidence is mixed: LAUS employment grew 1.12% and net migration was 10 households, but median asking rent declined 1.88%.
What supply and hazard conditions require attention?
The market has 2.2 months of supply and 114 permits; inland flood is the dominant hazard, and the annual climate loss ratio is 0.1272%.

Investor Quick Takeaways

Gross Yield: 6.9%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▼ 1.88%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 13.7%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Sedalia
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply2.2 mo.▲ from 2.1 mo. a year ago
Median days on market31 days▼ from 33 days a year ago
Listings with price drops42.7%▲ from 33.3% a year ago
Sale-to-list ratio96.0%2026-05-01
Home value growth▲ 3.2%Zillow ZHVI · trailing 12 months
Rent growth▼ 1.88%Zillow ZORI · trailing 12 months
Gross rental yield6.9%Rent × 12 ÷ price
Payroll job growth▲ 1.1%LAUS · 12m to 2026-05
Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs83Rent trend2Affordability64Supply76Climate safety61
Published arithmeticComponent × weight = points
56
SignalScoreWeightPoints
Job growth8330%24.90
Rent trend225%0.50
Affordability6415%9.60
Supply pressure7615%11.40
Climate risk6115%9.15
Published score56
Sedalia, MO scoreRank #193
56
Job growth83/100

LAUS employment grew 1.12% -> the labor-market signal is positive, although it does not establish stronger tenant demand.

Rent trend2/100

Median asking rent fell 1.88% -> buyers should underwrite without assuming rent growth.

Affordability64/100

Rent is 22.52% of median household income and price-to-income is 3.28 -> housing costs appear manageable relative to local income.

Supply pressure76/100

Resale supply is 2.2 months, but 42.7% of listings had price drops -> inventory is limited while sellers still face negotiation pressure.

Climate risk61/100

The annual climate loss ratio is 0.1272%, with inland flood dominant -> water exposure requires property-level diligence.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$198k
YoY ▲ 3.2%
ZORI Median Rent
$1,134
YoY ▼ 1.88%
Gross Rental Yield
6.9%
Rent × 12 ÷ price
$1,134 × 12 ÷ $198,013
Job Growth (YoY)
▲ 1.1%
LAUS payrolls
Job signal 83/100
Median Household Income
$60k
Census ACS 5-year
Rent Burden
22.5%
Annual rent ÷ household income
Price-to-Income
3.3x
Median value ÷ household income
HUD 2BR Fair Market Rent
$978
Market rent 116.0% of FMR
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
7020248620259420265+ unit buildingssingle family
94 units authorised in 2026, 77% of them in 5+ unit buildings. A meaningful share is apartments, which discount first when they lease up. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+10
968 in vs 958 out (IRS SOI)
▲ 1.0% of arriving households
Mover Income Gap
−$447
Arriving $45,698 vs leaving $46,145
Average AGI per tax return (IRS SOI)
Investor Purchase Share
13.7%
65 of 473 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.127% building value annual loss ratio
FEMA NRI · risk type: water
Households arrive mainly from: Johnson County · Benton County · Saline County · Jackson County · Henry County
968 in − 958 out = 10 net
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. Median asking rent declined 1.88%, weakening the current income-growth signal.
  2. Net migration was only 10 households, and outbound movers had $447 more average income than inbound movers.
  3. Inland flood is the dominant hazard, creating water-related property risk.
Statistical peers

Metros that behave like Sedalia

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

MetroScorePriceRentYieldJob Growth
Sedalia, MO (Target)56$198k$1,1346.9%▲ 1.1%
Corsicana, TX64$233k$1,2416.4%▲ 1.2%
Salina, KS80$184k$1,0216.7%▲ 1.5%
Athens, OH75$191k$9946.2%▲ 1.0%
Hutchinson, KS66$159k$8556.5%▲ 0.6%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household incomedirectACS 2024 5-year2026-07-26
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS QCEW — county employment and wagesdirectannual county employment and wages 2025 vs 20242026-07-31
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI 20252026-07-28
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-232026-07-27
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-07-27
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-07-26