Shannon County, Missouri home prices
Typical home $179,646 · +5.0% in a year · property tax 0.43%
The typical home in Shannon County is worth $179,646, 32% less than the Missouri typical home ($265,387). Values changed +5.0% in the past year and +26.9% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($771 on the typical home), versus 0.79% statewide.
Mortgage on the typical Shannon County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,929 | $143,717 | $967 | $0 | $154 | $1,121 | $48,000 |
| 10% down | $17,965 | $161,681 | $1,088 | $67 | $154 | $1,309 | $56,100 |
| 5% down | $8,982 | $170,664 | $1,148 | $71 | $154 | $1,373 | $58,900 |
| 3.5% down (FHA) | $6,288 | $176,392 | $1,187 | $79 | $154 | $1,420 | $60,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% 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 |
|---|---|---|---|
| Schuyler County | $179,965 | +12.5% | 0.79% |
| Randolph County | $180,864 | +5.5% | 0.78% |
| Vernon County | $181,319 | +6.6% | 0.67% |
| Chariton County | $177,593 | -10.3% | 0.64% |
| Saint Louis City | $176,514 | -0.4% | 1.03% |
| Barton County | $183,965 | +2.6% | 0.71% |
| Butler County | $174,679 | +10.9% | 0.67% |
| Clark County | $172,862 | +13.4% | 0.87% |
| Madison County | $171,846 | +3.9% | 0.71% |
| Audrain County | $190,175 | +8.5% | 0.79% |
Frequently asked questions
What is the average home price in Shannon County, MO?
The typical home value in Shannon County is $179,646 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Shannon County?
About $48,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Shannon County?
The median effective rate is 0.43% of home value a year (Census ACS 2024 5-year estimates).