Market Overview
Home Prices in Ash Grove, MO
The median home value in Ash Grove, MO is $268,838 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ash Grove are priced34% below average. Ash Grove is part of the Springfield, MO metro area.
Over the past five years, Ash Grove home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Ash Grove Home Price Trend
City Comparison
Ash Grove vs. National Median
At $268,838, homes in Ash Grove cost 34% below the national median of $410,000. This makes Ash Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ash Grove?
20% Down Payment
$53,768
on $268,838
Monthly P&I
$1,402/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,781/mo
incl. taxes & insurance
Income Needed
$71,240
gross annual (30% rule)
10% Down Option
$26,884
+ PMI applies
Loan Amount (20% dn)
$215,070
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 Ash Grove, MO?
The median home value in Ash Grove is $268,838 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Ash Grove?
Over the past year, home values in Ash Grove have increased by 3%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Ash Grove?
To comfortably afford the median home price of $268,838 with a 20% down payment ($53,768) at today's rates (6.8%), you'd need a gross annual income of approximately $71,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Ash Grove compare to the national average home price?
The national median home value is approximately $410,000. At $268,838, homes in Ash Grove are 34% below the national average.
What metro area is Ash Grove part of?
Ash Grove is part of the Springfield, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.