Montgomery County, Missouri home prices
Typical home $236,099 · +10.9% in a year · property tax 0.76%
The typical home in Montgomery County is worth $236,099, 11% less than the Missouri typical home ($265,387). Values changed +10.9% in the past year and +15.7% over five years. Homeowners here pay a median 0.76% of their home's value in property tax each year ($1,785 on the typical home), versus 0.79% statewide.
Mortgage on the typical Montgomery County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,220 | $188,879 | $1,271 | $0 | $267 | $1,537 | $65,900 |
| 10% down | $23,610 | $212,489 | $1,429 | $89 | $267 | $1,785 | $76,500 |
| 5% down | $11,805 | $224,294 | $1,509 | $93 | $267 | $1,869 | $80,100 |
| 3.5% down (FHA) | $8,263 | $231,822 | $1,559 | $104 | $267 | $1,931 | $82,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.76% 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 |
|---|---|---|---|
| Perry County | $236,630 | +7.6% | 0.74% |
| Gasconade County | $236,772 | +4.0% | 0.73% |
| DeKalb County | $236,909 | +5.7% | 0.76% |
| Laclede County | $237,472 | +5.3% | 0.6% |
| Dallas County | $239,061 | +7.1% | 0.4% |
| Douglas County | $239,433 | +7.2% | 0.44% |
| Phelps County | $232,325 | +5.3% | 0.64% |
| Pulaski County | $231,876 | +4.3% | 0.61% |
| Moniteau County | $241,712 | +4.7% | 0.68% |
| McDonald County | $230,115 | +5.1% | 0.46% |
Frequently asked questions
What is the average home price in Montgomery County, MO?
The typical home value in Montgomery County is $236,099 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Montgomery County?
About $65,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Montgomery County?
The median effective rate is 0.76% of home value a year (Census ACS 2024 5-year estimates).