The typical owner-occupied home in Theodosia is worth about $114,600, 50% below the Missouri median of $230,300 and 66% below the national median of $332,700. Owners pay a median $638 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 $24,600 a year, so the median home costs 4.7 times the median income (3.3 times for Missouri). 94% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Theodosia at a glance
| Theodosia | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $114,600 | $230,300 | $332,700 |
| Median property tax paid per year | $638 | $1,948 | $3,119 |
| Property tax as a share of value | 0.56% | 0.85% | 0.94% |
| Median household income | $24,600 | $70,702 | $80,734 |
| Homes lived in by their owners | 94% | 68% | 65% |
| Owner homes with a mortgage | 46% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,102 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 49.5% | 19.0% | 21.0% |
| Median rent | – | $1,033 | $1,413 |
| Median year homes were built | 1975 | 1978 | 1980 |
| Vacant homes | 47.2% | 11.2% | 10.1% |
| Population | 178 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Theodosia
At this week's average 30-year rate of 7.11%, buying the median Theodosia home of $114,600 with 20% down costs about $718 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $909, 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 $30,770 for the 20%-down payment. That payment is 35% of the median Theodosia household income of $24,600; at that income and 20% down, the 28% guideline points to a home of about $92,000.
| Down payment | $22,920 |
|---|---|
| Loan amount | $91,680 |
| Principal and interest | $617 |
| Property taxes (0.56% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $718 |
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| Down payment | $4,011 |
|---|---|
| Loan amount | $112,524 |
| Principal and interest | $757 |
| Property taxes (0.56% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $909 |
Change the numbers in the calculator
Questions about home buying in Theodosia
What is the median home value in Theodosia?
About $114,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Theodosia?
Homeowners pay a median $638 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 Theodosia?
For the median home with 20% down at 7.11%, the payment is about $718 a month. Keeping that under 28% of gross income takes about $30,770 a year.
More about Theodosia
- Mortgage Refinance in Theodosia
- Debt Relief in Theodosia
- Home Equity Loans in Theodosia
- 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