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Buying a home in Faucett, Missouri

The typical owner-occupied home in Faucett is worth about $242,300, 5% above the Missouri median of $230,300 and 27% below the national median of $332,700. Owners pay a median $1,109 a year in property taxes, about 0.46% of their home's value, lower than the Missouri rate of 0.85%. 84% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.

Faucett at a glance

Faucett Missouri U.S.
Median home value $242,300 $230,300 $332,700
Median property tax paid per year $1,109 $1,948 $3,119
Property tax as a share of value 0.46% 0.85% 0.94%
Median household income – $70,702 $80,734
Homes lived in by their owners 84% 68% 65%
Owner homes with a mortgage 44% 60% 61%
Median monthly costs, owners with a mortgage – $1,524 $1,963
Median rent – $1,033 $1,413
Median year homes were built 1976 1978 1980
Vacant homes 34.8% 11.2% 10.1%
Population 114 6,191,814 334,922,499

What a typical home costs per month in Faucett

At this week's average 30-year rate of 7.11%, buying the median Faucett home of $242,300 with 20% down costs about $1,498 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,901, 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 $64,192 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$48,460
Loan amount$193,840
Principal and interest$1,304
Property taxes (0.46% a year)$93
Homeowners insurance (our estimate, 0.5% a year)$101
PMI$0
Total per month$1,498

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3.5% down, 30-year FHA loan
Down payment$8,480
Loan amount$237,911
Principal and interest$1,600
Property taxes (0.46% a year)$93
Homeowners insurance (our estimate, 0.5% a year)$101
FHA mortgage insurance$107
Total per month$1,901

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Questions about home buying in Faucett

What is the median home value in Faucett?

About $242,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Faucett?

Homeowners pay a median $1,109 a year, which is about 0.46% 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 Faucett?

For the median home with 20% down at 7.11%, the payment is about $1,498 a month. Keeping that under 28% of gross income takes about $64,192 a year.

More about Faucett

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