Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$270,364+6.7% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$58,609About 0.8× the local median income ($71,868): affordable for a typical household
Days on market36 daysFaster than a year ago: sellers have the edge
Next 12 months+5.1%Zillow expects prices to rise strongly
The typical home in Callaway County, MO is worth $270,364, up 6.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $242,851, so the area is 11.3% overvalued. It is a balanced market: homes take about 36 days to sell, listings are up 1% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 5.1% over the next year. A household needs about $58,609 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,868. Typical rent is $1,095 a month, or $1,556 for a house. In the latest IRS figures, 368 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$270,364
Change in 1 year
+6.7%
Overvalued %
+11.3%
Show 7 more
Fair home value
$242,851
Change in 5 years
+20.8%
Zillow forecast, next 12 months
+5.1%
Home value to income
3.8×
Monthly mortgage payment (20% down)
$1,465
Income needed to afford it
$58,609
Property tax rate
0.77%
Rent and investing
Typical rent
$1,095
Typical rent for houses
$1,556
Price-to-rent ratio
20.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,123
Gross rental yield
4.86%
Cap rate (estimate)
3.16%
Market activity
Listings vs a year ago
+0.9%
Days on market
36
Listings with a price cut
22.5%
Show 3 more
Homes for sale
117
Pending sales per 100 listings
37
Asking price per sq ft
$170
People and jobs
Median household income
$71,868
Population change (1 year)
+1.2%
Unemployment rate
5.1%
Show 4 more
Population
45,765
Income adjusted for cost of living
$81,668
Net moves in (IRS)
+368
Cost of living (US = 100)
88.0
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
63.9
Unhealthy air days a year
0
Show 4 more
Flood risk score
68.4
Wildfire risk score
66.2
Walkability (1 to 20)
5.7
Road, rail and air noise
54 dB
Questions people ask
Is Callaway County, MO overvalued?
Home prices in Callaway County, MO are well above what local incomes have historically supported: fair value is about $242,851, so the area is 11.3% overvalued.
Is Callaway County, MO a buyer's or seller's market?
Callaway County, MO is a balanced market: homes take about 36 days to sell, listings are up 1% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Callaway County, MO?
Home values in Callaway County, MO are up 6.7% over the last year. Zillow's forecast for the next 12 months is +5.1%.
How much do you need to earn to buy a home in Callaway County, MO?
A household needs about $58,609 a year to afford the typical home in Callaway County, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,868.