Housing in Washington

A typical Washington home is worth roughly $213,000

Home prices around Washington have risen about 64% over the past 5 years.

#17Most new homes in MO All MO rankings →

Typical home value

$213K

▲ 14.3% in a year · MO $268K

Estimate

2-bedroom rent

$920

a month, utilities in · HUD

Median tax bill

$1,198

MO $1,948

What kind of housing town is Washington?

Read from the numbers below. The page puts what stands out first.

Prices climbing fastUp 14.3% in a year.A building boom#17 in MO for new homes.Your money goes further20% below the Missouri typical home.

★ What stands out · Price trend

Home prices up 64% in 5 years

The federal house price index for the ZIP codes around Washington rose 64% over the past 5 years, faster than across Missouri (51%). Last year prices rose 14%. Carrying the Census median home value forward with that index puts the typical Washington home at roughly $213,000 today.

Washington areaMissouri

+14%

past year

+64%

past 5 years

+89%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $213K.

How Washington ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Washington, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 3.4 years of income

Less than across Missouri (3.8 years). Try your own numbers below.

You could afford about

$252,000

Typical Washington home $213K

That covers a typical Washington home, with $39K to spare.

The typical home, each month

$1,240

Loan $1,060Tax $120Insurance $60

A two-bedroom rents for about $920 a month here, $320 less than owning.

Where your budget reaches nearby

Center$149K Walker$213K Nevada$166K Deerfield$121K

How Washington ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Washington’s typical property tax (0.70% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $920

Renters already here pay a median of $718, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$680

1 bedroom$700

2 bedrooms$920

3 bedrooms$1,150

4 bedrooms$1,370

23%

of households rent · MO 32%

185

renter households

41%

of renters spend 30%+ of income on rent · MO 46%

17%

of the median income, for a two-bedroom

$718

median rent paid today · Census

How Washington ranks on rent that’s easy to afford →

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Vernon County, MO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

77% of Washington households own their home

Half of Washington’s homes were built before 1988.

Owners and renters

Own 77%Rent 23%

Missouri: 68% own.

1988

typical home built · MO 1978

$1,198

median property tax bill · MO $1,948

0.70%

of a home’s value, a year in tax · MO 0.85%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Washington vs. its neighbors

Washington is the priciest of 5 neighboring towns. Tap one to see its housing page.

Washington$213K Walker$213K Nevada$166K Center$149K Deerfield$121K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Washington	$213K*	+14.3%†	$920	—	$63,313
Center	$149K*	+14.3%†	$910	—	$49,962
Walker	$213K	+9.5%	$930	—	$43,646
Nevada	$166K	+8.4%	$910	15	$42,813
Deerfield	$121K*	—	$900	—	$48,618

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Washington buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Washington still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.