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Buying a home in Green Castle, Missouri

The typical owner-occupied home in Green Castle is worth about $54,600, 76% below the Missouri median of $230,300 and 84% below the national median of $332,700. Owners pay a median $447 a year in property taxes, about 0.82% of their home's value, close to the Missouri rate of 0.85%. The median household earns $49,688 a year, so the median home costs 1.1 times the median income (3.3 times for Missouri). 64% of occupied homes here are lived in by their owners, and 19% of those owners still have a mortgage.

Green Castle at a glance

Green Castle Missouri U.S.
Median home value $54,600 $230,300 $332,700
Median property tax paid per year $447 $1,948 $3,119
Property tax as a share of value 0.82% 0.85% 0.94%
Median household income $49,688 $70,702 $80,734
Homes lived in by their owners 64% 68% 65%
Owner homes with a mortgage 19% 60% 61%
Median monthly costs, owners with a mortgage $550 $1,524 $1,963
Those costs as a share of the owners' income 9.0% 19.0% 21.0%
Median rent $658 $1,033 $1,413
Rent as a share of renters' income 17.4% 28.1% 30.6%
Median year homes were built 1963 1978 1980
Vacant homes 33.6% 11.2% 10.1%
Population 332 6,191,814 334,922,499

What a typical home costs per month in Green Castle

At this week's average 30-year rate of 7.11%, buying the median Green Castle home of $54,600 with 20% down costs about $354 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $445, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $15,167 for the 20%-down payment. That payment is 9% of the median Green Castle household income of $49,688; at that income and 20% down, the 28% guideline points to a home of about $179,000.

The median rent here is $658 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$10,920
Loan amount$43,680
Principal and interest$294
Property taxes (0.82% a year)$37
Homeowners insurance (our estimate, 0.5% a year)$23
PMI$0
Total per month$354

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3.5% down, 30-year FHA loan
Down payment$1,911
Loan amount$53,611
Principal and interest$361
Property taxes (0.82% a year)$37
Homeowners insurance (our estimate, 0.5% a year)$23
FHA mortgage insurance$24
Total per month$445

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Questions about home buying in Green Castle

What is the median home value in Green Castle?

About $54,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Green Castle?

Homeowners pay a median $447 a year, which is about 0.82% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Green Castle?

For the median home with 20% down at 7.11%, the payment is about $354 a month. Keeping that under 28% of gross income takes about $15,167 a year.

More about Green Castle

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data