Market Overview
Home Prices in Myrtle, MO
The median home value in Myrtle, MO is $182,236 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Myrtle are priced56% below average.
Over the past five years, Myrtle home values have risen by approximately30.6%, reflecting strong long-term appreciation in this market.
Price History
Myrtle Home Price Trend
2020
$119,831
$120K
—
2021
$139,505
$140K
+16.4%
2022
$166,060
$166K
+19.0%
2023
$161,220
$161K
-2.9%
2024
$167,359
$167K
+3.8%
2025
$171,300
$171K
+2.4%
2026
$182,236
$182K
+6.4%
City Comparison
Myrtle vs. National Median
🏠 Myrtle
$182,236
National Median
$410,000
At $182,236, homes in Myrtle cost 56% below the national median of $410,000. This makes Myrtle a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Myrtle?
20% Down Payment
$36,447
on $182,236
Monthly P&I
$950/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,207/mo
incl. taxes & insurance
Income Needed
$48,280
gross annual (30% rule)
10% Down Option
$18,224
+ PMI applies
Loan Amount (20% dn)
$145,789
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 Myrtle, MO?
The median home value in Myrtle is $182,236 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Myrtle?
Over the past year, home values in Myrtle have increased by 6.4%. Over five years, prices have risen approximately 30.6%.
How much do I need to earn to buy a home in Myrtle?
To comfortably afford the median home price of $182,236 with a 20% down payment ($36,447) at today's rates (6.8%), you'd need a gross annual income of approximately $48,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Myrtle compare to the national average home price?
The national median home value is approximately $410,000. At $182,236, homes in Myrtle are 56% below the national average.