Market Overview
Home Prices in Hannibal, MO
The median home value in Hannibal, MO is $178,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 7.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hannibal are priced56% below average. Hannibal is part of the Hannibal, MO metro area.
Over the past five years, Hannibal home values have risen by approximately37.6%, reflecting strong long-term appreciation in this market.
Price History
Hannibal Home Price Trend
City Comparison
Hannibal vs. National Median
At $178,672, homes in Hannibal cost 56% below the national median of $410,000. This makes Hannibal a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hannibal?
20% Down Payment
$35,734
on $178,672
Monthly P&I
$932/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,184/mo
incl. taxes & insurance
Income Needed
$47,360
gross annual (30% rule)
10% Down Option
$17,867
+ PMI applies
Loan Amount (20% dn)
$142,938
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 Hannibal, MO?
The median home value in Hannibal is $178,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Hannibal?
Over the past year, home values in Hannibal have increased by 3.6%. Over five years, prices have risen approximately 37.6%.
How much do I need to earn to buy a home in Hannibal?
To comfortably afford the median home price of $178,672 with a 20% down payment ($35,734) at today's rates (6.8%), you'd need a gross annual income of approximately $47,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Hannibal compare to the national average home price?
The national median home value is approximately $410,000. At $178,672, homes in Hannibal are 56% below the national average.
What metro area is Hannibal part of?
Hannibal is part of the Hannibal, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.