Lafayette County, Missouri home prices
Typical home $248,526 · +7.3% in a year · property tax 0.73%
The typical home in Lafayette County is worth $248,526, 6% less than the Missouri typical home ($265,387). Values changed +7.3% in the past year and +37.4% over five years. Homeowners here pay a median 0.73% of their home's value in property tax each year ($1,815 on the typical home), versus 0.79% statewide.
Mortgage on the typical Lafayette County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $49,705 | $198,821 | $1,337 | $0 | $276 | $1,613 | $69,100 |
| 10% down | $24,853 | $223,673 | $1,505 | $93 | $276 | $1,873 | $80,300 |
| 5% down | $12,426 | $236,100 | $1,588 | $98 | $276 | $1,962 | $84,100 |
| 3.5% down (FHA) | $8,698 | $244,025 | $1,642 | $110 | $276 | $2,027 | $86,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.73% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Missouri · part of the Kansas City metro area.
Missouri counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Jackson County | $247,543 | +2.7% | 1.12% |
| Maries County | $247,200 | +9.0% | 0.51% |
| Caldwell County | $246,003 | +3.5% | 0.8% |
| Taney County | $245,474 | -0.6% | 0.55% |
| Newton County | $244,970 | +4.6% | 0.63% |
| Barry County | $242,990 | +3.9% | 0.53% |
| Cooper County | $242,786 | +3.9% | 0.66% |
| Cape Girardeau County | $242,411 | +4.5% | 0.64% |
| Moniteau County | $241,712 | +4.7% | 0.68% |
| Greene County | $255,838 | +3.2% | 0.71% |
Frequently asked questions
What is the average home price in Lafayette County, MO?
The typical home value in Lafayette County is $248,526 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lafayette County?
About $69,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lafayette County?
The median effective rate is 0.73% of home value a year (Census ACS 2024 5-year estimates).