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Buying a home in Leeton, Missouri

The typical owner-occupied home in Leeton is worth about $99,600, 57% below the Missouri median of $230,300 and 70% below the national median of $332,700. Owners pay a median $948 a year in property taxes, about 0.95% of their home's value, higher than the Missouri rate of 0.85%. The median household earns $51,917 a year, so the median home costs 1.9 times the median income (3.3 times for Missouri). 68% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.

Leeton at a glance

Leeton Missouri U.S.
Median home value $99,600 $230,300 $332,700
Median property tax paid per year $948 $1,948 $3,119
Property tax as a share of value 0.95% 0.85% 0.94%
Median household income $51,917 $70,702 $80,734
Homes lived in by their owners 68% 68% 65%
Owner homes with a mortgage 58% 60% 61%
Median monthly costs, owners with a mortgage $1,098 $1,524 $1,963
Those costs as a share of the owners' income 16.6% 19.0% 21.0%
Median rent $870 $1,033 $1,413
Rent as a share of renters' income 20.5% 28.1% 30.6%
Median year homes were built 1968 1978 1980
Vacant homes 10.3% 11.2% 10.1%
Population 660 6,191,814 334,922,499

What a typical home costs per month in Leeton

At this week's average 30-year rate of 7.11%, buying the median Leeton home of $99,600 with 20% down costs about $656 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $822, 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 $28,130 for the 20%-down payment. That payment is 15% of the median Leeton household income of $51,917; at that income and 20% down, the 28% guideline points to a home of about $184,000.

The median rent here is $870 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$19,920
Loan amount$79,680
Principal and interest$536
Property taxes (0.95% a year)$79
Homeowners insurance (our estimate, 0.5% a year)$42
PMI$0
Total per month$656

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3.5% down, 30-year FHA loan
Down payment$3,486
Loan amount$97,796
Principal and interest$658
Property taxes (0.95% a year)$79
Homeowners insurance (our estimate, 0.5% a year)$42
FHA mortgage insurance$44
Total per month$822

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Questions about home buying in Leeton

What is the median home value in Leeton?

About $99,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Leeton?

Homeowners pay a median $948 a year, which is about 0.95% 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 Leeton?

For the median home with 20% down at 7.11%, the payment is about $656 a month. Keeping that under 28% of gross income takes about $28,130 a year.

More about Leeton

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