Market Overview
Home Prices in Deepwater, MO
The median home value in Deepwater, MO is $111,571 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Deepwater are priced73% below average.
Price History
Deepwater Home Price Trend
2022
$100,699
$101K
—
2023
$96,215
$96K
-4.5%
2024
$105,440
$105K
+9.6%
2025
$108,155
$108K
+2.6%
2026
$111,571
$112K
+3.2%
City Comparison
Deepwater vs. National Median
🏠 Deepwater
$111,571
National Median
$410,000
At $111,571, homes in Deepwater cost 73% below the national median of $410,000. This makes Deepwater a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Deepwater?
20% Down Payment
$22,314
on $111,571
Monthly P&I
$582/mo
30-yr @ 6.8%
Total Monthly Est.
~$739/mo
incl. taxes & insurance
Income Needed
$29,560
gross annual (30% rule)
10% Down Option
$11,157
+ PMI applies
Loan Amount (20% dn)
$89,257
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 Deepwater, MO?
The median home value in Deepwater is $111,571 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Deepwater?
Over the past year, home values in Deepwater have increased by 3.2%.
How much do I need to earn to buy a home in Deepwater?
To comfortably afford the median home price of $111,571 with a 20% down payment ($22,314) at today's rates (6.8%), you'd need a gross annual income of approximately $29,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Deepwater compare to the national average home price?
The national median home value is approximately $410,000. At $111,571, homes in Deepwater are 73% below the national average.