Market Overview
Home Prices in Slater, MO
The median home value in Slater, MO is $140,108 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Slater are priced66% below average. Slater is part of the Marshall, MO metro area.
Price History
Slater Home Price Trend
2024
$124,552
$125K
—
2025
$129,794
$130K
+4.2%
2026
$140,108
$140K
+7.9%
City Comparison
Slater vs. National Median
🏠 Slater
$140,108
National Median
$410,000
At $140,108, homes in Slater cost 66% below the national median of $410,000. This makes Slater a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Slater?
20% Down Payment
$28,022
on $140,108
Monthly P&I
$731/mo
30-yr @ 6.8%
Total Monthly Est.
~$928/mo
incl. taxes & insurance
Income Needed
$37,120
gross annual (30% rule)
10% Down Option
$14,011
+ PMI applies
Loan Amount (20% dn)
$112,086
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 Slater, MO?
The median home value in Slater is $140,108 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in Slater?
Over the past year, home values in Slater have increased by 7.9%.
How much do I need to earn to buy a home in Slater?
To comfortably afford the median home price of $140,108 with a 20% down payment ($28,022) at today's rates (6.8%), you'd need a gross annual income of approximately $37,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Slater compare to the national average home price?
The national median home value is approximately $410,000. At $140,108, homes in Slater are 66% below the national average.
What metro area is Slater part of?
Slater is part of the Marshall, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.