Market Overview
Home Prices in Lake Ozark, MO
The median home value in Lake Ozark, MO is $333,799 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and down 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Ozark are priced19% below average.
Over the past five years, Lake Ozark home values have risen by approximately13.9%, reflecting steady appreciation in this market.
Price History
Lake Ozark Home Price Trend
2020
$232,031
$232K
—
2021
$293,120
$293K
+26.3%
2022
$347,838
$348K
+18.7%
2023
$348,953
$349K
+0.3%
2024
$353,757
$354K
+1.4%
2025
$341,791
$342K
-3.4%
2026
$333,799
$334K
-2.3%
City Comparison
Lake Ozark vs. National Median
🏠 Lake Ozark
$333,799
National Median
$410,000
At $333,799, homes in Lake Ozark cost 19% below the national median of $410,000. This makes Lake Ozark a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Ozark?
20% Down Payment
$66,760
on $333,799
Monthly P&I
$1,741/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,211/mo
incl. taxes & insurance
Income Needed
$88,440
gross annual (30% rule)
10% Down Option
$33,380
+ PMI applies
Loan Amount (20% dn)
$267,039
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 Lake Ozark, MO?
The median home value in Lake Ozark is $333,799 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Lake Ozark?
Over the past year, home values in Lake Ozark have decreased by 2.3%. Over five years, prices have risen approximately 13.9%.
How much do I need to earn to buy a home in Lake Ozark?
To comfortably afford the median home price of $333,799 with a 20% down payment ($66,760) at today's rates (6.8%), you'd need a gross annual income of approximately $88,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Ozark compare to the national average home price?
The national median home value is approximately $410,000. At $333,799, homes in Lake Ozark are 19% below the national average.