The typical owner-occupied home in Levasy is worth about $193,800, 16% below the Missouri median of $230,300 and 42% below the national median of $332,700. Owners pay a median $1,719 a year in property taxes, about 0.89% of their home's value, close to the Missouri rate of 0.85%. The median household earns $82,292 a year, so the median home costs 2.4 times the median income (3.3 times for Missouri). 61% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Levasy at a glance
| Levasy | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $193,800 | $230,300 | $332,700 |
| Median property tax paid per year | $1,719 | $1,948 | $3,119 |
| Property tax as a share of value | 0.89% | 0.85% | 0.94% |
| Median household income | $82,292 | $70,702 | $80,734 |
| Homes lived in by their owners | 61% | 68% | 65% |
| Owner homes with a mortgage | 42% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,167 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 19.0% | 21.0% |
| Median rent | $1,361 | $1,033 | $1,413 |
| Rent as a share of renters' income | 12.8% | 28.1% | 30.6% |
| Median year homes were built | 1944 | 1978 | 1980 |
| Vacant homes | 26.2% | 11.2% | 10.1% |
| Population | 104 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Levasy
At this week's average 30-year rate of 7.11%, buying the median Levasy home of $193,800 with 20% down costs about $1,267 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,590, 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 $54,319 for the 20%-down payment. That payment is 18% of the median Levasy household income of $82,292; at that income and 20% down, the 28% guideline points to a home of about $294,000.
The median rent here is $1,361 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $38,760 |
|---|---|
| Loan amount | $155,040 |
| Principal and interest | $1,043 |
| Property taxes (0.89% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| PMI | $0 |
| Total per month | $1,267 |
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| Down payment | $6,783 |
|---|---|
| Loan amount | $190,290 |
| Principal and interest | $1,280 |
| Property taxes (0.89% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| FHA mortgage insurance | $86 |
| Total per month | $1,590 |
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Questions about home buying in Levasy
What is the median home value in Levasy?
About $193,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Levasy?
Homeowners pay a median $1,719 a year, which is about 0.89% 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 Levasy?
For the median home with 20% down at 7.11%, the payment is about $1,267 a month. Keeping that under 28% of gross income takes about $54,319 a year.
More about Levasy
- Mortgage Refinance in Levasy
- Debt Relief in Levasy
- Home Equity Loans in Levasy
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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