📍 Anderson, MO · Zillow ZHVI · July 2026

Average Home Price in
Anderson, MO

McDonald County County

Median Home Value
$177,804
↑ 4.8% year-over-year
vs. National Median
$410,000
Anderson is 57% below
Est. Monthly Payment
$927/mo
20% down · 6.8% rate
Income Needed
$47K
gross annual (30% rule)
Median Home Value
$177,804
↑ 4.8% year-over-year

Down Payment (20%)$35,561
Monthly P&I$927/mo
With Taxes & Ins.~$1,177/mo
Income Needed$47,080/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Anderson, MO

The median home value in Anderson, MO is $177,804 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.8% compared to a year ago and up 4.2% from two years prior.

Compared to the U.S. national median of $410,000, homes in Anderson are priced57% below average.

Over the past five years, Anderson home values have risen by approximately31.4%, reflecting strong long-term appreciation in this market.

City Comparison

Anderson vs. National Median

🏠 Anderson
$177,804
National Median
$410,000

At $177,804, homes in Anderson cost 57% below the national median of $410,000. This makes Anderson a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Anderson?

20% Down Payment
$35,561
on $177,804
Monthly P&I
$927/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,177/mo
incl. taxes & insurance
Income Needed
$47,080
gross annual (30% rule)
10% Down Option
$17,780
+ PMI applies
Loan Amount (20% dn)
$142,243
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Anderson, MO?
The median home value in Anderson is $177,804 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.8% year-over-year.
How much have home prices changed in Anderson?
Over the past year, home values in Anderson have increased by 4.8%. Over five years, prices have risen approximately 31.4%.
How much do I need to earn to buy a home in Anderson?
To comfortably afford the median home price of $177,804 with a 20% down payment ($35,561) at today's rates (6.8%), you'd need a gross annual income of approximately $47,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Anderson compare to the national average home price?
The national median home value is approximately $410,000. At $177,804, homes in Anderson are 57% below the national average.