Market Overview
Home Prices in Raymore, MO
The median home value in Raymore, MO is $362,471 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Raymore are priced12% below average. Raymore is part of the Kansas City, MO-KS metro area.
Over the past five years, Raymore home values have risen by approximately23.2%, reflecting strong long-term appreciation in this market.
Price History
Raymore Home Price Trend
City Comparison
Raymore vs. National Median
At $362,471, homes in Raymore cost 12% below the national median of $410,000. This makes Raymore a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Raymore?
20% Down Payment
$72,494
on $362,471
Monthly P&I
$1,890/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,400/mo
incl. taxes & insurance
Income Needed
$96,000
gross annual (30% rule)
10% Down Option
$36,247
+ PMI applies
Loan Amount (20% dn)
$289,977
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 Raymore, MO?
The median home value in Raymore is $362,471 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Raymore?
Over the past year, home values in Raymore have increased by 4.5%. Over five years, prices have risen approximately 23.2%.
How much do I need to earn to buy a home in Raymore?
To comfortably afford the median home price of $362,471 with a 20% down payment ($72,494) at today's rates (6.8%), you'd need a gross annual income of approximately $96,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Raymore compare to the national average home price?
The national median home value is approximately $410,000. At $362,471, homes in Raymore are 12% below the national average.
What metro area is Raymore part of?
Raymore is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.