Lebanon, MO home prices
Typical home $237,483 · +5.2% in a year · income needed $65,000
The Lebanon, MO metro area ranks 499 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.2% in a year and +32.4% over five years. With 20% down at 7.11%, the typical home costs about $1,516 a month including 0.6% property tax (Laclede County rate).
Mortgage on the typical Lebanon home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,497 | $189,986 | $1,278 | $0 | $238 | $1,516 | $65,000 |
| 10% down | $23,748 | $213,734 | $1,438 | $89 | $238 | $1,764 | $75,600 |
| 5% down | $11,874 | $225,609 | $1,518 | $94 | $238 | $1,849 | $79,300 |
| 3.5% down (FHA) | $8,312 | $233,181 | $1,569 | $105 | $238 | $1,911 | $81,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.6% 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 Lebanon area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Laclede County, MO | $237,472 | +5.3% | 0.6% |
What can you afford in Missouri on your salary? · Missouri home prices · Salaries in Missouri
Frequently asked questions
How much is a house in Lebanon?
The typical home in the Lebanon, MO metro area is worth $237,483 (Zillow, September 2026).
What salary do you need to buy a house in Lebanon?
About $65,000 a year for the typical home with 20% down at 7.11%.