Madison County, Missouri home prices
Typical home $171,846 · +3.9% in a year · property tax 0.71%
The typical home in Madison County is worth $171,846, 35% less than the Missouri typical home ($265,387). Values changed +3.9% in the past year and +27.8% over five years. Homeowners here pay a median 0.71% of their home's value in property tax each year ($1,221 on the typical home), versus 0.79% statewide.
Mortgage on the typical Madison County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,369 | $137,477 | $925 | $0 | $188 | $1,113 | $47,700 |
| 10% down | $17,185 | $154,662 | $1,040 | $64 | $188 | $1,293 | $55,400 |
| 5% down | $8,592 | $163,254 | $1,098 | $68 | $188 | $1,354 | $58,000 |
| 3.5% down (FHA) | $6,015 | $168,734 | $1,135 | $76 | $188 | $1,399 | $59,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% 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.
Missouri counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Clark County | $172,862 | +13.4% | 0.87% |
| Butler County | $174,679 | +10.9% | 0.67% |
| Carroll County | $168,905 | +7.3% | 0.79% |
| Oregon County | $168,276 | +2.6% | 0.55% |
| Saint Louis City | $176,514 | -0.4% | 1.03% |
| Chariton County | $177,593 | -10.3% | 0.64% |
| Shannon County | $179,646 | +5.0% | 0.43% |
| Schuyler County | $179,965 | +12.5% | 0.79% |
| Randolph County | $180,864 | +5.5% | 0.78% |
| Vernon County | $181,319 | +6.6% | 0.67% |
Frequently asked questions
What is the average home price in Madison County, MO?
The typical home value in Madison County is $171,846 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Madison County?
About $47,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Madison County?
The median effective rate is 0.71% of home value a year (Census ACS 2024 5-year estimates).