Mexico, MO Housing Market
AI-powered market intelligence for the Mexico, MO metro area.
PropertyIQ Scores
Mexico, MO Market Analysis
Market Overview
Mexico, MO is a moderate housing market with a PropertyIQ Score of 76 out of 100. The score is driven by a 12-month home value momentum of 13.43%, but the 3-month momentum is -0.00%, indicating that recent price growth has stalled. A median days on market of 57 days and a 22.4% share of listings with a price cut also shape the score, pointing to a market that is not overheated and where sellers are making adjustments.
Compared with state benchmarks, Mexico is notably more affordable. The median home value is $191,229, versus the state average of $267,879. The rent index is $693, compared with $1,033 statewide. Median household income is $59,448, below the state average of $70,702, while the unemployment rate matches the state at 3.6%. These figures position Mexico as a lower-cost market with stable employment but below-average incomes.
With 87 homes for sale and a median days on market of 57 days, the market appears balanced to slightly buyer-friendly. A price-cut share of 22.4% reinforces that buyers have some negotiation room.
Key Trends
The first trend is cooling price momentum. The 12-month home value momentum of 13.43% shows strong trailing appreciation, but the 3-month momentum of -0.00% indicates that this growth has flattened recently. The dataset also lists a year-over-year home value change of $20, though the 12-month momentum percentage is the stronger directional signal. The 22.4% share of listings with a price cut supports that sellers are adjusting to a slower pace.
A second trend is relative affordability. The median home value of $191,229 is about 29% below the state average of $267,879, and the rent index of $693 is about 33% below the state benchmark of $1,033. Although median household income is roughly 16% lower than the state average, lower home prices help balance local affordability.
A third trend is a moderate sales pace. With 87 homes for sale and a median days on market of 57 days, Mexico is not exhibiting a fast-moving or highly competitive environment. The 22.4% price-cut share further suggests that buyers may have room to negotiate.
A fourth trend is labor market stability. The unemployment rate is 3.6%, matching the state average, which may support local housing demand. Population growth data is not available, so demand-side demographic trends cannot be assessed from this dataset.
Who Is This Market For
This market is well suited to first-time buyers and budget-conscious households. The median home value of $191,229 is well below the state average of $267,879, and the 57-day median days on market combined with a 22.4% price-cut share gives buyers more leverage than in a strong seller’s market. The stable unemployment rate of 3.6% also supports local employment.
For investors, the picture is mixed. The rent index of $693 is lower than the state average of $1,033, meaning gross rental income may be limited. However, the lower median home value of $191,229 could reduce entry costs. Investors should note the 3-month home value momentum of -0.00% and the price-cut share of 22.4%, which suggest limited near-term price appreciation. With population growth data not available, future rental demand is uncertain.
Move-up buyers may find a balanced market. The 87 homes for sale offer some selection, and the moderate days on market and price adjustments create a less urgent buying environment. The affordability gap relative to the state may also make larger homes more accessible.
Outlook
The near-term outlook for Mexico, MO is best characterized as stabilizing. The 12-month home value momentum of 13.43% indicates the market has already experienced a strong run, but the 3-month momentum of -0.00% and the 22.4% price-cut share point to a cooling trend. With 87 homes for sale and a median days on market of 57 days, the market is moving at a moderate pace. Affordability relative to state averages and a 3.6% unemployment rate that matches the state provide a stable foundation for demand. However, because population growth data is not available, there is no basis to project demographic-driven demand increases. Based strictly on the provided metrics, near-term price movement is likely to be flat to modest rather than continuing the double-digit annual pace reflected in the 12-month momentum.
AI-generated analysis based on current market data. Last updated October 5, 2026.
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Mexico, MO market data
Mexico, MO Housing Market Overview
Mexico, MO's median home value is $191K, up 13.4% over the past year. Homes here sell in a median 57 days. Its PropertyIQ Score of 76 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
PropertyIQ tracks the Mexico, MO housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this MO market is set to perform against its state benchmark.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Mexico, MO's PropertyIQ Score of 76 ranks among the Midwest's stronger demand signals.
For the Mexico, MO market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 13.4% over the past year.
Use PropertyIQ's interactive analytics to compare Mexico, MO against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Mexico, MO metro area
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Mexico, MO a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Mexico, MO currently scores 76, a rising-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $191K, up 13.4% over the past year. So whether Mexico, MO is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Mexico, MO?
Mexico, MO's PropertyIQ Score is 76, indicating rising momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 76 places Mexico, MO above its state benchmark.
Are home prices in Mexico, MO rising or falling?
Home prices in Mexico, MO are rising. Over the past year, the median home value increased 13.4%, reaching $191K. Over the latest three months, values slipped 0.0%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Mexico, MO's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Mexico, MO?
In Mexico, MO, homes sell in a median of 57 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 22% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Mexico, MO market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.