Missouri housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$265,387+3.4% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$57,530About 0.8× the local median income ($71,583): affordable for a typical household
Days on market58 daysAbout the same pace as a year ago
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Missouri is worth $265,387, up 3.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $236,849, so the area is 12.0% overvalued. It is a buyer's market: homes take about 58 days to sell, listings are up 11% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $57,530 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 $71,583. In the latest IRS figures, 8,224 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 | $265,387 |
| Change in 1 year | +3.4% |
| Overvalued % | +12.0% |
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| Fair home value | $236,849 |
| Change in 5 years | +26.3% |
| Zillow forecast, next 12 months | +2.8% |
| Home value to income | 3.7× |
| Monthly mortgage payment (20% down) | $1,438 |
| Income needed to afford it | $57,530 |
| Property tax rate | 0.85% |
Rent and investing
| HUD Fair Market Rent, 2 bedrooms | $1,250 |
Market activity
| Listings vs a year ago | +10.6% |
| Days on market | 58 |
| Listings with a price cut | 20.6% |
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| Homes for sale | 22,257 |
| Pending sales per 100 listings | 37 |
| Asking price per sq ft | $171 |
People and jobs
| Median household income | $71,583 |
| Population change (1 year) | +0.4% |
| Unemployment rate | 4.0% |
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| Population | 6,270,541 |
| Income adjusted for cost of living | $78,836 |
| Net moves in (IRS) | +8,224 |
| Cost of living (US = 100) | 90.8 |
Schools, risk and environment
| FEMA hazard risk score (0 to 100) | 79.9 |
| Unhealthy air days a year | 4 |
| Flood risk score | 79.4 |
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| Wildfire risk score | 54.1 |
| Walkability (1 to 20) | 8.2 |
| Road, rail and air noise | 53 dB |
Questions people ask
- Is Missouri overvalued?
- Home prices in Missouri are well above what local incomes have historically supported: fair value is about $236,849, so the area is 12.0% overvalued.
- Is Missouri a buyer's or seller's market?
- Missouri is a buyer's market: homes take about 58 days to sell, listings are up 11% from a year ago, 21% of listings have had a price cut.
- Are home prices going down in Missouri?
- Home values in Missouri are up 3.4% over the last year. Zillow's forecast for the next 12 months is +2.8%.
- How much do you need to earn to buy a home in Missouri?
- A household needs about $57,530 a year to afford the typical home in Missouri at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,583.
Metro areas
St. Louis, MO-ILKansas City, MO-KSSpringfield, MOColumbia, MOJoplin, MO-KSJefferson City, MOSt. Joseph, MO-KSCape Girardeau, MO-IL
Counties
Adair CountyAndrew CountyAtchison CountyAudrain CountyBarry CountyBarton CountyBates CountyBenton CountyBollinger CountyBoone CountyBuchanan CountyButler CountyCaldwell CountyCallaway CountyCamden CountyCape Girardeau CountyCarroll CountyCarter CountyCass CountyCedar CountyChariton CountyChristian CountyClark CountyClay CountyClinton CountyCole CountyCooper CountyCrawford CountyDade CountyDallas CountyDaviess CountyDeKalb CountyDent CountyDouglas CountyDunklin CountyFranklin CountyGasconade CountyGentry CountyGreene CountyGrundy CountyHarrison CountyHenry CountyHickory CountyHolt CountyHoward CountyHowell CountyIron CountyJackson CountyJasper CountyJefferson CountyJohnson CountyKnox CountyLaclede CountyLafayette CountyLawrence CountyLewis CountyLincoln CountyLinn CountyLivingston CountyMacon CountyMadison CountyMaries CountyMarion CountyMcDonald CountyMercer CountyMiller CountyMississippi CountyMoniteau CountyMonroe CountyMontgomery CountyMorgan CountyNew Madrid CountyNewton CountyNodaway CountyOregon CountyOsage CountyOzark CountyPemiscot CountyPerry CountyPettis CountyPhelps CountyPike CountyPlatte CountyPolk CountyPulaski CountyPutnam CountyRalls CountyRandolph CountyRay CountyReynolds CountyRipley CountySaint Charles CountySaint Clair CountySaint Francois CountySaint Louis CitySaint Louis CountySainte Genevieve CountySaline CountySchuyler CountyScotland CountyScott CountyShannon CountyShelby CountyStoddard CountyStone CountySullivan CountyTaney CountyTexas CountyVernon CountyWarren CountyWashington CountyWayne CountyWebster CountyWorth CountyWright County