Market Overview
Home Prices in Mountain Grove, MO
The median home value in Mountain Grove, MO is $209,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mountain Grove are priced49% below average.
Over the past five years, Mountain Grove home values have risen by approximately31.2%, reflecting strong long-term appreciation in this market.
Price History
Mountain Grove Home Price Trend
2020
$140,386
$140K
—
2021
$159,516
$160K
+13.6%
2022
$193,155
$193K
+21.1%
2023
$205,935
$206K
+6.6%
2024
$202,839
$203K
-1.5%
2025
$212,520
$213K
+4.8%
2026
$209,291
$209K
-1.5%
City Comparison
Mountain Grove vs. National Median
🏠 Mountain Grove
$209,291
National Median
$410,000
At $209,291, homes in Mountain Grove cost 49% below the national median of $410,000. This makes Mountain Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mountain Grove?
20% Down Payment
$41,858
on $209,291
Monthly P&I
$1,092/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,387/mo
incl. taxes & insurance
Income Needed
$55,480
gross annual (30% rule)
10% Down Option
$20,929
+ PMI applies
Loan Amount (20% dn)
$167,433
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 Mountain Grove, MO?
The median home value in Mountain Grove is $209,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Mountain Grove?
Over the past year, home values in Mountain Grove have decreased by 1.5%. Over five years, prices have risen approximately 31.2%.
How much do I need to earn to buy a home in Mountain Grove?
To comfortably afford the median home price of $209,291 with a 20% down payment ($41,858) at today's rates (6.8%), you'd need a gross annual income of approximately $55,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Mountain Grove compare to the national average home price?
The national median home value is approximately $410,000. At $209,291, homes in Mountain Grove are 49% below the national average.