Ray County, Missouri home prices
Typical home $262,323 · +4.4% in a year · property tax 0.8%
The typical home in Ray County is worth $262,323, about the same as the Missouri typical home ($265,387). Values changed +4.4% in the past year and +32.6% over five years. Homeowners here pay a median 0.8% of their home's value in property tax each year ($2,103 on the typical home), versus 0.79% statewide.
Mortgage on the typical Ray County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $52,465 | $209,859 | $1,412 | $0 | $306 | $1,718 | $73,600 |
| 10% down | $26,232 | $236,091 | $1,588 | $98 | $306 | $1,993 | $85,400 |
| 5% down | $13,116 | $249,207 | $1,676 | $104 | $306 | $2,087 | $89,400 |
| 3.5% down (FHA) | $9,181 | $257,572 | $1,733 | $116 | $306 | $2,155 | $92,400 |
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 · part of the Kansas City metro area.
Missouri counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Miller County | $263,109 | +3.6% | 0.57% |
| Franklin County | $264,683 | +4.9% | 0.8% |
| Osage County | $265,223 | +4.6% | 0.59% |
| Sainte Genevieve County | $265,523 | +10.4% | 0.63% |
| Ralls County | $258,256 | +4.4% | 0.73% |
| Webster County | $268,140 | +5.0% | 0.52% |
| Greene County | $255,838 | +3.2% | 0.71% |
| Callaway County | $270,364 | +6.7% | 0.77% |
| Polk County | $274,050 | +2.0% | 0.55% |
| Lafayette County | $248,526 | +7.3% | 0.73% |
Frequently asked questions
What is the average home price in Ray County, MO?
The typical home value in Ray County is $262,323 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Ray County?
About $73,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Ray County?
The median effective rate is 0.8% of home value a year (Census ACS 2024 5-year estimates).