Hannibal, MO home prices
Typical home $215,665 · +4.5% in a year · income needed $60,700
The Hannibal, MO metro area ranks 585 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.5% in a year and +36.8% over five years. With 20% down at 7.11%, the typical home costs about $1,417 a month including 0.82% property tax (Marion County rate).
Mortgage on the typical Hannibal home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $43,133 | $172,532 | $1,161 | $0 | $256 | $1,417 | $60,700 |
| 10% down | $21,566 | $194,098 | $1,306 | $81 | $256 | $1,643 | $70,400 |
| 5% down | $10,783 | $204,882 | $1,378 | $85 | $256 | $1,720 | $73,700 |
| 3.5% down (FHA) | $7,548 | $211,759 | $1,425 | $95 | $256 | $1,776 | $76,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.82% 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 Hannibal area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Marion County, MO | $198,277 | +4.0% | 0.82% |
| Ralls County, MO | $258,256 | +4.4% | 0.73% |
What can you afford in Missouri on your salary? · Missouri home prices · Salaries in Missouri
Frequently asked questions
How much is a house in Hannibal?
The typical home in the Hannibal, MO metro area is worth $215,665 (Zillow, September 2026).
What salary do you need to buy a house in Hannibal?
About $60,700 a year for the typical home with 20% down at 7.11%.