The typical owner-occupied home in Valley Park is worth about $251,000, 9% above the Missouri median of $230,300 and 25% below the national median of $332,700. Owners pay a median $3,506 a year in property taxes, about 1.40% of their home's value, higher than the Missouri rate of 0.85%. The median household earns $67,898 a year, so the median home costs 3.7 times the median income (3.3 times for Missouri). 52% of occupied homes here are lived in by their owners, and 77% of those owners still have a mortgage.
Valley Park at a glance
| Valley Park | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $251,000 | $230,300 | $332,700 |
| Median property tax paid per year | $3,506 | $1,948 | $3,119 |
| Property tax as a share of value | 1.40% | 0.85% | 0.94% |
| Median household income | $67,898 | $70,702 | $80,734 |
| Homes lived in by their owners | 52% | 68% | 65% |
| Owner homes with a mortgage | 77% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,706 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 22.8% | 19.0% | 21.0% |
| Median rent | $1,443 | $1,033 | $1,413 |
| Rent as a share of renters' income | 33.0% | 28.1% | 30.6% |
| Median year homes were built | 1990 | 1978 | 1980 |
| Vacant homes | 1.2% | 11.2% | 10.1% |
| Population | 6,795 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Valley Park
At this week's average 30-year rate of 7.11%, buying the median Valley Park home of $251,000 with 20% down costs about $1,748 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,166, 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 $74,923 for the 20%-down payment. That payment is 31% of the median Valley Park household income of $67,898; at that income and 20% down, the 28% guideline points to a home of about $227,000.
The median rent here is $1,443 a month, so owning the median home costs about $305 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $50,200 |
|---|---|
| Loan amount | $200,800 |
| Principal and interest | $1,351 |
| Property taxes (1.40% a year) | $293 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| PMI | $0 |
| Total per month | $1,748 |
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| Down payment | $8,785 |
|---|---|
| Loan amount | $246,454 |
| Principal and interest | $1,658 |
| Property taxes (1.40% a year) | $293 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| FHA mortgage insurance | $111 |
| Total per month | $2,166 |
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Questions about home buying in Valley Park
What is the median home value in Valley Park?
About $251,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Valley Park?
Homeowners pay a median $3,506 a year, which is about 1.40% 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 Valley Park?
For the median home with 20% down at 7.11%, the payment is about $1,748 a month. Keeping that under 28% of gross income takes about $74,923 a year.
More about Valley Park
- Mortgage Refinance in Valley Park
- Debt Relief in Valley Park
- Home Equity Loans in Valley Park
- 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