Market Overview
Home Prices in Morehouse, MO
The median home value in Morehouse, MO is $81,143 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morehouse are priced80% below average.
Over the past five years, Morehouse home values have risen by approximately10.4%, reflecting steady appreciation in this market.
Price History
Morehouse Home Price Trend
2020
$70,925
$71K
—
2021
$73,499
$73K
+3.6%
2022
$91,288
$91K
+24.2%
2023
$85,198
$85K
-6.7%
2024
$82,356
$82K
-3.3%
2025
$81,113
$81K
-1.5%
2026
$81,143
$81K
+0.0%
City Comparison
Morehouse vs. National Median
🏠 Morehouse
$81,143
National Median
$410,000
At $81,143, homes in Morehouse cost 80% below the national median of $410,000. This makes Morehouse a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morehouse?
20% Down Payment
$16,229
on $81,143
Monthly P&I
$423/mo
30-yr @ 6.8%
Total Monthly Est.
~$537/mo
incl. taxes & insurance
Income Needed
$21,480
gross annual (30% rule)
10% Down Option
$8,114
+ PMI applies
Loan Amount (20% dn)
$64,914
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 Morehouse, MO?
The median home value in Morehouse is $81,143 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Morehouse?
Over the past year, home values in Morehouse have increased by 0%. Over five years, prices have risen approximately 10.4%.
How much do I need to earn to buy a home in Morehouse?
To comfortably afford the median home price of $81,143 with a 20% down payment ($16,229) at today's rates (6.8%), you'd need a gross annual income of approximately $21,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Morehouse compare to the national average home price?
The national median home value is approximately $410,000. At $81,143, homes in Morehouse are 80% below the national average.