Market Overview
Home Prices in Oak Grove, MO
The median home value in Oak Grove, MO is $299,568 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak Grove are priced27% below average. Oak Grove is part of the Kansas City, MO-KS metro area.
Over the past five years, Oak Grove home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Oak Grove Home Price Trend
City Comparison
Oak Grove vs. National Median
At $299,568, homes in Oak Grove cost 27% below the national median of $410,000. This makes Oak Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oak Grove?
20% Down Payment
$59,914
on $299,568
Monthly P&I
$1,562/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,984/mo
incl. taxes & insurance
Income Needed
$79,360
gross annual (30% rule)
10% Down Option
$29,957
+ PMI applies
Loan Amount (20% dn)
$239,654
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 Oak Grove, MO?
The median home value in Oak Grove is $299,568 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Oak Grove?
Over the past year, home values in Oak Grove have increased by 4.1%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Oak Grove?
To comfortably afford the median home price of $299,568 with a 20% down payment ($59,914) at today's rates (6.8%), you'd need a gross annual income of approximately $79,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak Grove compare to the national average home price?
The national median home value is approximately $410,000. At $299,568, homes in Oak Grove are 27% below the national average.
What metro area is Oak Grove part of?
Oak Grove is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.