The typical owner-occupied home in Purcell is worth about $87,700, 62% below the Missouri median of $230,300 and 74% below the national median of $332,700. Owners pay a median $721 a year in property taxes, about 0.82% of their home's value, close to the Missouri rate of 0.85%. 73% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Purcell at a glance
| Purcell | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $87,700 | $230,300 | $332,700 |
| Median property tax paid per year | $721 | $1,948 | $3,119 |
| Property tax as a share of value | 0.82% | 0.85% | 0.94% |
| Median household income | – | $70,702 | $80,734 |
| Homes lived in by their owners | 73% | 68% | 65% |
| Owner homes with a mortgage | 43% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,281 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 19.0% | 21.0% |
| Median rent | $870 | $1,033 | $1,413 |
| Rent as a share of renters' income | 22.0% | 28.1% | 30.6% |
| Median year homes were built | 1945 | 1978 | 1980 |
| Vacant homes | 21.6% | 11.2% | 10.1% |
| Population | 324 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Purcell
At this week's average 30-year rate of 7.11%, buying the median Purcell home of $87,700 with 20% down costs about $568 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $715, 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 $24,362 for the 20%-down payment.
The median rent here is $870 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $17,540 |
|---|---|
| Loan amount | $70,160 |
| Principal and interest | $472 |
| Property taxes (0.82% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| PMI | $0 |
| Total per month | $568 |
Change the numbers in the calculator
| Down payment | $3,070 |
|---|---|
| Loan amount | $86,112 |
| Principal and interest | $579 |
| Property taxes (0.82% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| FHA mortgage insurance | $39 |
| Total per month | $715 |
Change the numbers in the calculator
Questions about home buying in Purcell
What is the median home value in Purcell?
About $87,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Purcell?
Homeowners pay a median $721 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 Purcell?
For the median home with 20% down at 7.11%, the payment is about $568 a month. Keeping that under 28% of gross income takes about $24,362 a year.
More about Purcell
- Mortgage Refinance in Purcell
- Debt Relief in Purcell
- Home Equity Loans in Purcell
- 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