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Buying a home in Argyle, Missouri

The typical owner-occupied home in Argyle is worth about $167,700, 27% below the Missouri median of $230,300 and 50% below the national median of $332,700. Owners pay a median $943 a year in property taxes, about 0.56% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $68,125 a year, so the median home costs 2.5 times the median income (3.3 times for Missouri). 76% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

Argyle at a glance

Argyle Missouri U.S.
Median home value $167,700 $230,300 $332,700
Median property tax paid per year $943 $1,948 $3,119
Property tax as a share of value 0.56% 0.85% 0.94%
Median household income $68,125 $70,702 $80,734
Homes lived in by their owners 76% 68% 65%
Owner homes with a mortgage 51% 60% 61%
Median monthly costs, owners with a mortgage $1,125 $1,524 $1,963
Those costs as a share of the owners' income 16.0% 19.0% 21.0%
Median rent – $1,033 $1,413
Median year homes were built 1938 1978 1980
Vacant homes 34.6% 11.2% 10.1%
Population 117 6,191,814 334,922,499

What a typical home costs per month in Argyle

At this week's average 30-year rate of 7.11%, buying the median Argyle home of $167,700 with 20% down costs about $1,051 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,330, 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 $45,027 for the 20%-down payment. That payment is 19% of the median Argyle household income of $68,125; at that income and 20% down, the 28% guideline points to a home of about $254,000.

20% down, 30-year conventional loan
Down payment$33,540
Loan amount$134,160
Principal and interest$902
Property taxes (0.56% a year)$78
Homeowners insurance (our estimate, 0.5% a year)$70
PMI$0
Total per month$1,051

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3.5% down, 30-year FHA loan
Down payment$5,870
Loan amount$164,663
Principal and interest$1,108
Property taxes (0.56% a year)$78
Homeowners insurance (our estimate, 0.5% a year)$70
FHA mortgage insurance$74
Total per month$1,330

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Questions about home buying in Argyle

What is the median home value in Argyle?

About $167,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Argyle?

Homeowners pay a median $943 a year, which is about 0.56% 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 Argyle?

For the median home with 20% down at 7.11%, the payment is about $1,051 a month. Keeping that under 28% of gross income takes about $45,027 a year.

More about Argyle

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