Home / Home Buying by state / Missouri / Newton County / Fairview

Buying a home in Fairview, Missouri

The typical owner-occupied home in Fairview is worth about $105,000, 54% below the Missouri median of $230,300 and 68% below the national median of $332,700. Owners pay a median $667 a year in property taxes, about 0.64% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $67,083 a year, so the median home costs 1.6 times the median income (3.3 times for Missouri). 63% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.

Fairview at a glance

Fairview Missouri U.S.
Median home value $105,000 $230,300 $332,700
Median property tax paid per year $667 $1,948 $3,119
Property tax as a share of value 0.64% 0.85% 0.94%
Median household income $67,083 $70,702 $80,734
Homes lived in by their owners 63% 68% 65%
Owner homes with a mortgage 53% 60% 61%
Median monthly costs, owners with a mortgage $1,125 $1,524 $1,963
Those costs as a share of the owners' income 26.1% 19.0% 21.0%
Median rent $858 $1,033 $1,413
Rent as a share of renters' income 13.7% 28.1% 30.6%
Median year homes were built 1971 1978 1980
Vacant homes 23.4% 11.2% 10.1%
Population 371 6,191,814 334,922,499

What a typical home costs per month in Fairview

At this week's average 30-year rate of 7.11%, buying the median Fairview home of $105,000 with 20% down costs about $665 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $840, 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 $28,492 for the 20%-down payment. That payment is 12% of the median Fairview household income of $67,083; at that income and 20% down, the 28% guideline points to a home of about $247,000.

The median rent here is $858 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$21,000
Loan amount$84,000
Principal and interest$565
Property taxes (0.64% a year)$56
Homeowners insurance (our estimate, 0.5% a year)$44
PMI$0
Total per month$665

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$3,675
Loan amount$103,098
Principal and interest$694
Property taxes (0.64% a year)$56
Homeowners insurance (our estimate, 0.5% a year)$44
FHA mortgage insurance$46
Total per month$840

Change the numbers in the calculator

Questions about home buying in Fairview

What is the median home value in Fairview?

About $105,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Fairview?

Homeowners pay a median $667 a year, which is about 0.64% 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 Fairview?

For the median home with 20% down at 7.11%, the payment is about $665 a month. Keeping that under 28% of gross income takes about $28,492 a year.

More about Fairview

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