Market Overview
Home Prices in Pierce City, MO
The median home value in Pierce City, MO is $134,084 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.2% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pierce City are priced67% below average.
Over the past five years, Pierce City home values have risen by approximately1.5%, reflecting modest growth in this market.
Price History
Pierce City Home Price Trend
2020
$111,294
$111K
—
2021
$132,112
$132K
+18.7%
2022
$140,114
$140K
+6.1%
2023
$137,707
$138K
-1.7%
2024
$135,758
$136K
-1.4%
2025
$142,915
$143K
+5.3%
2026
$134,084
$134K
-6.2%
City Comparison
Pierce City vs. National Median
🏠 Pierce City
$134,084
National Median
$410,000
At $134,084, homes in Pierce City cost 67% below the national median of $410,000. This makes Pierce City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pierce City?
20% Down Payment
$26,817
on $134,084
Monthly P&I
$699/mo
30-yr @ 6.8%
Total Monthly Est.
~$888/mo
incl. taxes & insurance
Income Needed
$35,520
gross annual (30% rule)
10% Down Option
$13,408
+ PMI applies
Loan Amount (20% dn)
$107,267
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 Pierce City, MO?
The median home value in Pierce City is $134,084 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.2% year-over-year.
How much have home prices changed in Pierce City?
Over the past year, home values in Pierce City have decreased by 6.2%. Over five years, prices have risen approximately 1.5%.
How much do I need to earn to buy a home in Pierce City?
To comfortably afford the median home price of $134,084 with a 20% down payment ($26,817) at today's rates (6.8%), you'd need a gross annual income of approximately $35,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Pierce City compare to the national average home price?
The national median home value is approximately $410,000. At $134,084, homes in Pierce City are 67% below the national average.