Columbia, MO home prices
Typical home $318,695 · +2.7% in a year · income needed $90,000
The Columbia, MO metro area ranks 283 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.7% in a year and +28.5% over five years. With 20% down at 7.11%, the typical home costs about $2,101 a month including 0.85% property tax (Boone County rate).
Mortgage on the typical Columbia home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $63,739 | $254,956 | $1,715 | $0 | $386 | $2,101 | $90,000 |
| 10% down | $31,870 | $286,826 | $1,929 | $120 | $386 | $2,435 | $104,400 |
| 5% down | $15,935 | $302,761 | $2,037 | $126 | $386 | $2,549 | $109,200 |
| 3.5% down (FHA) | $11,154 | $312,923 | $2,105 | $141 | $386 | $2,632 | $112,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.85% 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.
Counties in the Columbia area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Boone County, MO | $328,757 | +2.5% | 0.85% |
| Cooper County, MO | $242,786 | +3.9% | 0.66% |
| Howard County, MO | $227,624 | +6.2% | 0.77% |
What can you afford in Missouri on your salary? · Missouri home prices · Salaries in Missouri
Frequently asked questions
How much is a house in Columbia?
The typical home in the Columbia, MO metro area is worth $318,695 (Zillow, September 2026).
What salary do you need to buy a house in Columbia?
About $90,000 a year for the typical home with 20% down at 7.11%.