Mexico, MO Housing Market
AI-powered market intelligence for the Mexico, MO metro area.
PropertyIQ Scores
Mexico, MO Market Analysis
Market Overview
Mexico, Missouri’s housing market earns a PropertyIQ Score of 68 out of 100, a reading that points to solid fundamentals and a strong tilt toward sellers. The score is fueled by exceptional home value growth, quick sales, and a meaningful affordability gap when compared with Missouri’s broader benchmarks. The median home value sits at $190,784—roughly 29% below the state average of $268,423—while the local unemployment rate matches the state’s 3.8%, signaling a stable employment base even though the area’s median household income of $56,232 trails the state’s $68,920.
Market momentum is the defining headline. Home values surged 14.50% over the past twelve months, and the three-month gain of 3.51% translates to an annualized pace near 14%, showing that price growth has not only persisted but accelerated. That momentum has added $16,000 to the median home price year over year. Homes trade quickly, with a median days-on-market of just 50 days and an overall average of 58 days. While 26.5% of listings have taken a price cut, implying some negotiation room, the overall velocity confirms that competitively priced properties are absorbed rapidly.
Key Trends
The most commanding trend is the pace of home value appreciation. A 14.50% twelve-month momentum reading and a 3.51% three-month clip represent an unusually strong run for a market of this scale. In dollar terms, the median home value rose by $16,000 over the past year, delivering substantial equity gains to existing homeowners and underscoring intense buyer demand.
A second trend is the tight, high-speed inventory environment. With only 80 homes for sale and a median market time of 50 days, supply remains constrained relative to demand. The 26.5% share of listings with a price cut shows that sellers who overreach adjust quickly, but the adjustment does not stall the market—homes that receive a reduction often move briskly afterward, keeping the overall pace swift.
Affordability relative to state averages forms a third critical trend. Although local incomes are lower, Mexico’s price-to-income ratio of about 3.4 is noticeably healthier than the state’s 3.9. The rent index of $698, nearly 30% below the state’s $996, adds to the value story. This combination lets buyers and renters operate with less financial strain than in many parts of Missouri, which helps explain why demand remains so robust despite the smaller income base.
Who Is This Market For
This market is a natural fit for budget-conscious primary-residence buyers, especially first-time homebuyers who can secure a home near $190,000 while capturing double-digit annual appreciation. The favorable price-to-income ratio and the quick sales cycle mean that pre-approved, decisive buyers can achieve early equity gains. Investors will also find the numbers compelling: a rent index of $698 against a purchase price below $191,000 implies a gross yield of roughly 4.4% before expenses, paired with meaningful upside potential from ongoing value growth. Move-up buyers who already own in the area can tap the $16,000 in year-over-year equity to trade into a different property, though the limited inventory of 80 homes keeps competition fierce for every buyer segment. The missing population growth data introduces some uncertainty for long-term rental strategies, but the current demand-driven conditions create a compelling opportunity over a short-to-medium-term horizon.
Outlook
The near-term outlook remains decidedly positive based on the data that is available. The three-month home value momentum of 3.51% shows no sign of cooling, and the median 50-day selling pace indicates that buyer appetite continues to outstrip the 80 homes currently on the market. With the unemployment rate holding at 3.8% and Mexico’s home prices still substantially below state benchmarks, demand is likely to stay elevated. The 26.5% share of listings with a price cut will keep a degree of negotiation in play, but it is unlikely to disrupt the overall upward price trajectory. While the absence of population growth data limits the ability to forecast beyond the immediate term, current metrics point to sustained appreciation and a persistently competitive environment.
AI-generated analysis based on current market data. Last updated July 9, 2026.
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Mexico, MO market data
Mexico, MO Housing Market Overview
Mexico, MO's median home value is $191K, up 14.5% over the past year. Homes here sell in a median 50 days. Its PropertyIQ Score of 68 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 68 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.
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
Market data through June 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 68, a firming-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 14.5% 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 68, indicating firming 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 68 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 14.5%, reaching $191K. Over the latest three months, values moved up 3.5%, a sign near-term demand remains firm. 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 50 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 26% 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 June 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.