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Buying a home in Asbury, Missouri

The typical owner-occupied home in Asbury is worth about $117,500, 49% below the Missouri median of $230,300 and 65% below the national median of $332,700. Owners pay a median $841 a year in property taxes, about 0.72% of their home's value, lower than the Missouri rate of 0.85%. 46% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.

Asbury at a glance

Asbury Missouri U.S.
Median home value $117,500 $230,300 $332,700
Median property tax paid per year $841 $1,948 $3,119
Property tax as a share of value 0.72% 0.85% 0.94%
Median household income – $70,702 $80,734
Homes lived in by their owners 46% 68% 65%
Owner homes with a mortgage 49% 60% 61%
Median monthly costs, owners with a mortgage $917 $1,524 $1,963
Those costs as a share of the owners' income 18.8% 19.0% 21.0%
Median rent $1,141 $1,033 $1,413
Rent as a share of renters' income 18.8% 28.1% 30.6%
Median year homes were built 1998 1978 1980
Vacant homes 7.0% 11.2% 10.1%
Population 459 6,191,814 334,922,499

What a typical home costs per month in Asbury

At this week's average 30-year rate of 7.11%, buying the median Asbury home of $117,500 with 20% down costs about $752 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $948, 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 $32,220 for the 20%-down payment.

The median rent here is $1,141 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$23,500
Loan amount$94,000
Principal and interest$632
Property taxes (0.72% a year)$70
Homeowners insurance (our estimate, 0.5% a year)$49
PMI$0
Total per month$752

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3.5% down, 30-year FHA loan
Down payment$4,112
Loan amount$115,372
Principal and interest$776
Property taxes (0.72% a year)$70
Homeowners insurance (our estimate, 0.5% a year)$49
FHA mortgage insurance$52
Total per month$948

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Questions about home buying in Asbury

What is the median home value in Asbury?

About $117,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Asbury?

Homeowners pay a median $841 a year, which is about 0.72% 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 Asbury?

For the median home with 20% down at 7.11%, the payment is about $752 a month. Keeping that under 28% of gross income takes about $32,220 a year.

More about Asbury

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