Monroe County, Missouri home prices
Typical home $222,580 · +5.9% in a year · property tax 0.8%
The typical home in Monroe County is worth $222,580, 16% less than the Missouri typical home ($265,387). Values changed +5.9% in the past year and +35.3% over five years. Homeowners here pay a median 0.8% of their home's value in property tax each year ($1,777 on the typical home), versus 0.79% statewide.
Mortgage on the typical Monroe County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $44,516 | $178,064 | $1,198 | $0 | $259 | $1,457 | $62,500 |
| 10% down | $22,258 | $200,322 | $1,348 | $83 | $259 | $1,690 | $72,400 |
| 5% down | $11,129 | $211,451 | $1,422 | $88 | $259 | $1,770 | $75,900 |
| 3.5% down (FHA) | $7,790 | $218,549 | $1,470 | $98 | $259 | $1,828 | $78,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.8% 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 |
|---|---|---|---|
| Pike County | $221,907 | +9.5% | 0.67% |
| Henry County | $223,535 | +3.5% | 0.81% |
| Nodaway County | $221,558 | +3.7% | 0.77% |
| Howell County | $221,167 | +7.3% | 0.5% |
| Ozark County | $224,762 | +5.8% | 0.44% |
| Crawford County | $220,192 | +8.2% | 0.56% |
| Bates County | $226,765 | +3.5% | 0.61% |
| Jasper County | $217,594 | +1.5% | 0.72% |
| Howard County | $227,624 | +6.2% | 0.77% |
| Cedar County | $229,184 | +5.3% | 0.62% |
Frequently asked questions
What is the average home price in Monroe County, MO?
The typical home value in Monroe County is $222,580 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Monroe County?
About $62,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Monroe County?
The median effective rate is 0.8% of home value a year (Census ACS 2024 5-year estimates).