Marion County, Missouri home prices
Typical home $198,277 · +4.0% in a year · property tax 0.82%
The typical home in Marion County is worth $198,277, 25% less than the Missouri typical home ($265,387). Values changed +4.0% in the past year and +35.9% over five years. Homeowners here pay a median 0.82% of their home's value in property tax each year ($1,634 on the typical home), versus 0.79% statewide.
Mortgage on the typical Marion County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $39,655 | $158,622 | $1,067 | $0 | $235 | $1,302 | $55,800 |
| 10% down | $19,828 | $178,450 | $1,200 | $74 | $235 | $1,510 | $64,700 |
| 5% down | $9,914 | $188,363 | $1,267 | $78 | $235 | $1,581 | $67,800 |
| 3.5% down (FHA) | $6,940 | $194,686 | $1,310 | $88 | $235 | $1,633 | $70,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.82% 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 Hannibal metro area.
Missouri counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Macon County | $198,532 | +4.0% | 0.69% |
| Knox County | $197,801 | +10.8% | 0.83% |
| Pettis County | $197,598 | +2.0% | 0.78% |
| Dade County | $199,292 | +6.4% | 0.62% |
| Bollinger County | $197,155 | +3.4% | 0.58% |
| Shelby County | $196,909 | +9.0% | 0.86% |
| Saline County | $194,286 | +6.0% | 0.78% |
| Carter County | $193,875 | +4.0% | 0.42% |
| Benton County | $193,305 | +1.9% | 0.53% |
| Saint Francois County | $193,128 | +2.4% | 0.7% |
Frequently asked questions
What is the average home price in Marion County, MO?
The typical home value in Marion County is $198,277 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Marion County?
About $55,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Marion County?
The median effective rate is 0.82% of home value a year (Census ACS 2024 5-year estimates).