Market Overview
Home Prices in Kennett, MO
The median home value in Kennett, MO is $118,316 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.1% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kennett are priced71% below average. Kennett is part of the Kennett, MO metro area.
Over the past five years, Kennett home values have risen by approximately2.7%, reflecting modest growth in this market.
Price History
Kennett Home Price Trend
2020
$101,617
$102K
—
2021
$115,202
$115K
+13.4%
2022
$118,778
$119K
+3.1%
2023
$115,254
$115K
-3.0%
2024
$109,000
$109K
-5.4%
2025
$110,486
$110K
+1.4%
2026
$118,316
$118K
+7.1%
City Comparison
Kennett vs. National Median
🏠 Kennett
$118,316
National Median
$410,000
At $118,316, homes in Kennett cost 71% below the national median of $410,000. This makes Kennett a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kennett?
20% Down Payment
$23,663
on $118,316
Monthly P&I
$617/mo
30-yr @ 6.8%
Total Monthly Est.
~$784/mo
incl. taxes & insurance
Income Needed
$31,360
gross annual (30% rule)
10% Down Option
$11,832
+ PMI applies
Loan Amount (20% dn)
$94,653
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 Kennett, MO?
The median home value in Kennett is $118,316 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.1% year-over-year.
How much have home prices changed in Kennett?
Over the past year, home values in Kennett have increased by 7.1%. Over five years, prices have risen approximately 2.7%.
How much do I need to earn to buy a home in Kennett?
To comfortably afford the median home price of $118,316 with a 20% down payment ($23,663) at today's rates (6.8%), you'd need a gross annual income of approximately $31,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Kennett compare to the national average home price?
The national median home value is approximately $410,000. At $118,316, homes in Kennett are 71% below the national average.
What metro area is Kennett part of?
Kennett is part of the Kennett, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.