Missouri’s hidden real estate gems offer surprising value in today’s market. According to the Zillow Home Value Index, which tracks home values across the United States, there are several Missouri towns where you can find remarkably affordable housing. The data reveals fascinating patterns of growth and investment opportunities in these communities, particularly in the St. Louis metropolitan area and the southeastern Bootheel region.
You might be surprised to discover that many of Missouri’s most affordable towns have experienced substantial growth over the past five years, with average home values increasing by over 63% since 2020. This rapid appreciation suggests these communities may represent excellent investment opportunities while remaining accessible to first-time homebuyers. Despite this growth, the average home value among the 25 most affordable towns is still only $64,241 – significantly below the state and national averages.
As you explore these communities, you’ll notice a geographical concentration in two main areas: the northern suburbs of St. Louis County and the agricultural communities of Missouri’s southeastern Bootheel region. This geographic diversity offers you options whether you prefer urban proximity or rural living, all while maintaining affordability that’s increasingly rare in today’s housing market.
1. Castle Point
- 2025 Home Value: $72,411
- 2020 Home Value: $40,522
- 2015 Home Value: $27,235
- 2010 Home Value: $71,769
- % Change 2020-2025: 78.70%
- % Change 2015-2025: 165.88%
- % Change 2010-2025: 0.90%
At the top of our list, Castle Point in St. Louis County exemplifies the dramatic market swings seen in many north county communities. After plummeting from $71,769 in 2010 to $27,235 in 2015, values have rebounded significantly with a 165.88% increase since 2015 and 78.70% since 2020. For you, prices have now returned to essentially 2010 levels at $72,411, completing a full recovery cycle while remaining affordable compared to regional averages.
2. Senath
- 2025 Home Value: $72,108
- 2020 Home Value: $71,709
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 0.56%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Situated in Dunklin County within the Kennett metro area, Senath stands out with the most stable housing values on this list. Since 2020, home values have increased by just 0.56% from $71,709 to $72,108. This remarkable stability suggests you’re looking at a mature market that has already found its equilibrium. Located in Missouri’s Bootheel region, this agricultural community offers you predictable housing costs in a rural setting with minimal volatility compared to other affordable markets.
3. Charleston
- 2025 Home Value: $71,713
- 2020 Home Value: $51,374
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 39.59%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
The historic community of Charleston in Mississippi County offers you small-town charm with solid recent growth. Since 2020, home values have increased by 39.59% from $51,374 to $71,713.
4. Riverview
- 2025 Home Value: $71,339
- 2020 Home Value: $43,639
- 2015 Home Value: $33,911
- 2010 Home Value: $68,115
- % Change 2020-2025: 63.48%
- % Change 2015-2025: 110.37%
- % Change 2010-2025: 4.73%
Another St. Louis County municipality, Riverview follows the familiar pattern of post-2010 decline followed by strong recovery. After dropping from $68,115 in 2010 to $33,911 in 2015, values have rebounded significantly with a 110.37% increase since 2015 and 63.48% since 2020. For you, values have now slightly exceeded 2010 levels at $71,339, suggesting a market that has completed its recovery while remaining affordable by regional standards.
5. Leadwood
- 2025 Home Value: $70,979
- 2020 Home Value: $36,003
- 2015 Home Value: $26,338
- 2010 Home Value: Data not available
- % Change 2020-2025: 97.15%
- % Change 2015-2025: 169.49%
- % Change 2010-2025: N/A
In the Farmington metro area of Saint Francois County, Leadwood presents you with remarkable growth across all time periods. Since 2015, home values have surged 169.49% from $26,338 to $70,979, with values nearly doubling (97.15%) just since 2020. This explosive growth in a community that remains affordable suggests significant market transformation, potentially driven by increasing demand in the Farmington area while prices remain accessible.
6. Beverly Hills
- 2025 Home Value: $70,769
- 2020 Home Value: $39,211
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 80.48%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Sharing nothing with its California namesake but the title, Beverly Hills, Missouri offers you affordable housing in St. Louis County with strong recent appreciation. Since 2020, home values have increased by 80.48% from $39,211 to $70,769. This small municipality exemplifies the trend of rapid value increases in north St. Louis County’s most affordable communities while maintaining housing costs that make homeownership accessible at price points far below regional averages.
7. Risco
- 2025 Home Value: $70,230
- 2020 Home Value: $54,438
- 2015 Home Value: $38,938
- 2010 Home Value: Data not available
- % Change 2020-2025: 29.01%
- % Change 2015-2025: 80.37%
- % Change 2010-2025: N/A
The small agricultural community of Risco in New Madrid County shows solid long-term appreciation in an affordable rural setting. Since 2015, home values have increased by 80.37% from $38,938 to $70,230, with more modest 29.01% growth since 2020. For you, this represents a stable market in Missouri’s agricultural Bootheel region where housing costs remain affordable despite consistent appreciation over the past decade.
8. Glasgow Village
- 2025 Home Value: $70,009
- 2020 Home Value: $43,932
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 59.36%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Located in Saint Louis County, Glasgow Village presents you with a community that has seen strong recent growth while maintaining affordability. Since 2020, home values have increased by 59.36% from $43,932 to $70,009. This unincorporated census-designated place in north St. Louis County offers you proximity to urban amenities while keeping housing costs remarkably low compared to both regional and national averages.
9. Jennings
- 2025 Home Value: $69,547
- 2020 Home Value: $41,555
- 2015 Home Value: $30,956
- 2010 Home Value: $65,315
- % Change 2020-2025: 67.36%
- % Change 2015-2025: 124.66%
- % Change 2010-2025: 6.48%
One of the larger communities on this list, Jennings in St. Louis County demonstrates a familiar pattern of post-2010 decline followed by strong recovery. After dropping from $65,315 in 2010 to $30,956 in 2015, values have rebounded with a 124.66% increase since 2015 and 67.36% growth since 2020. For you, this recovery has brought prices back slightly above 2010 levels at $69,547, suggesting a stabilizing market that remains very affordable by regional standards.
10. Velda Village
- 2025 Home Value: $68,555
- 2020 Home Value: $34,814
- 2015 Home Value: $23,935
- 2010 Home Value: $50,977
- % Change 2020-2025: 96.92%
- % Change 2015-2025: 186.42%
- % Change 2010-2025: 34.48%
Adjacent to Velda Village Hills, the community of Velda Village in St. Louis County shows a remarkable market recovery. After dropping sharply from $50,977 in 2010 to $23,935 in 2015, home values have rebounded dramatically with a 186.42% increase since 2015 and nearly doubling (96.92%) since 2020. This volatile history offers you insights into a community experiencing significant transition, potentially presenting both opportunity and risk depending on your investment horizon.
11. Velda Village Hills
- 2025 Home Value: $65,529
- 2020 Home Value: $34,080
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 92.28%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Another St. Louis County municipality, Velda Village Hills has seen dramatic growth of 92.28% in just five years, with home values increasing from $34,080 in 2020 to $65,529 in 2025. For you, this represents both current affordability and strong recent appreciation, suggesting a neighborhood potentially in transition. The community’s location in the northern part of St. Louis County provides you with urban accessibility while maintaining housing costs far below the metropolitan average.
12. Lilbourn
- 2025 Home Value: $64,921
- 2020 Home Value: $44,070
- 2015 Home Value: $29,071
- 2010 Home Value: $28,549
- % Change 2020-2025: 47.31%
- % Change 2015-2025: 123.32%
- % Change 2010-2025: 127.40%
The rural community of Lilbourn in New Madrid County presents you with impressive long-term growth across all time periods. Since 2010, home values have more than doubled with a 127.40% increase from $28,549 to $64,921. Most dramatically, values increased 123.32% since 2015 and a healthy 47.31% since 2020. This consistent growth pattern suggests a fundamentally strong market despite the rural location and small population of this agricultural community.
13. Morehouse
- 2025 Home Value: $63,784
- 2020 Home Value: $57,066
- 2015 Home Value: $49,349
- 2010 Home Value: Data not available
- % Change 2020-2025: 11.77%
- % Change 2015-2025: 29.25%
- % Change 2010-2025: N/A
In the agricultural area of New Madrid County, Morehouse offers you steady but modest appreciation in an affordable market. Since 2015, home values have increased by 29.25% from $49,349 to $63,784, with a more modest 11.77% growth since 2020. This more gradual appreciation rate compared to other affordable communities may indicate a stable rural market where your housing investment grows steadily without the volatility seen in some urban areas.
14. Pagedale
- 2025 Home Value: $63,718
- 2020 Home Value: $34,588
- 2015 Home Value: $24,897
- 2010 Home Value: $50,762
- % Change 2020-2025: 84.22%
- % Change 2015-2025: 155.93%
- % Change 2010-2025: 25.52%
The St. Louis County municipality of Pagedale shows you a fascinating market history. After a significant drop in value between 2010 and 2015 (from $50,762 to $24,897), the community has rebounded dramatically with a 155.93% increase since 2015 and 84.22% since 2020. This volatile history suggests neighborhood transformation and potentially continued growth as revitalization efforts take hold in this affordable part of the St. Louis metropolitan area.
15. Marston
- 2025 Home Value: $63,104
- 2020 Home Value: $53,162
- 2015 Home Value: $31,947
- 2010 Home Value: Data not available
- % Change 2020-2025: 18.70%
- % Change 2015-2025: 97.52%
- % Change 2010-2025: N/A
The agricultural community of Marston in New Madrid County has seen tremendous long-term growth in home values. Since 2015, prices have nearly doubled with a 97.52% increase from $31,947 to $63,104. Recent growth has been more modest at 18.70% since 2020, suggesting you’re entering a market that has already experienced significant appreciation.
16. Newburg
- 2025 Home Value: $62,909
- 2020 Home Value: $32,035
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 96.38%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Nestled in Phelps County within the Rolla metro area, Newburg provides you with university-adjacent living at exceptionally affordable prices. Home values have nearly doubled since 2020, increasing by 96.38% from $32,035 to $62,909.
17. Iron Mountain Lake
- 2025 Home Value: $62,415
- 2020 Home Value: $39,871
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 56.54%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Tucked away in Saint Francois County within the Farmington metro area, Iron Mountain Lake offers you recreational amenities alongside affordable housing. Since 2020, home values have increased by 56.54%, growing from $39,871 to $62,415.
18. Country Club Hills
- 2025 Home Value: $61,879
- 2020 Home Value: $32,361
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 91.21%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Despite its aspirational name, Country Club Hills in Saint Louis County offers you remarkably affordable housing options. Home values have skyrocketed by 91.21% in just five years, from $32,361 in 2020 to $61,879 in 2025. This northern St. Louis County community exemplifies the trend of rapid appreciation in the region’s most affordable neighborhoods while still maintaining prices well below regional and national averages.
19. Flordell Hills
- 2025 Home Value: $59,895
- 2020 Home Value: $30,852
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 94.14%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Another small municipality in Saint Louis County, Flordell Hills has nearly doubled in value since 2020, showing remarkable 94.14% growth from $30,852 to $59,895. Your housing dollar stretches significantly in this community while still providing you access to the amenities and employment opportunities of the greater St. Louis metropolitan area. This combination of affordability and explosive growth makes Flordell Hills particularly noteworthy among Missouri’s affordable communities.
20. Pine Lawn
- 2025 Home Value: $57,662
- 2020 Home Value: $31,994
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 80.23%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Within the St. Louis metropolitan area, Pine Lawn presents you with an affordable option that has experienced dramatic growth. In just five years, home values have increased by 80.23%, rising from $31,994 in 2020 to $57,662 in 2025. This rapid appreciation suggests neighborhood revitalization and growing demand, making it potentially both an affordable place to live and a promising investment as part of the northern St. Louis County communities experiencing renewal.
21. Gideon
- 2025 Home Value: $56,984
- 2020 Home Value: $45,732
- 2015 Home Value: $34,949
- 2010 Home Value: $29,457
- % Change 2020-2025: 24.60%
- % Change 2015-2025: 63.05%
- % Change 2010-2025: 93.45%
The rural community of Gideon in New Madrid County offers you comprehensive historical data showing steady long-term appreciation. Since 2010, home values have nearly doubled from $29,457 to $56,984, representing a 93.45% increase over fifteen years. More recently, growth has been more modest at 24.60% since 2020, suggesting a maturing market that has already seen substantial appreciation while remaining among Missouri’s most affordable communities.
22. Wellston
- 2025 Home Value: $56,455
- 2020 Home Value: $30,115
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 87.47%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Nestled in Saint Louis County, Wellston gives you urban proximity with exceptional affordability. Your investment would have nearly doubled in just five years, with home values surging 87.47% from $30,115 in 2020 to $56,455 in 2025. This remarkable growth rate suggests a community in transition, potentially offering you both affordability today and strong appreciation potential for tomorrow as part of the greater St. Louis metropolitan area.
23. Parma
- 2025 Home Value: $55,913
- 2020 Home Value: $39,731
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 40.73%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
In the agricultural heartland of Stoddard County, Parma offers you small-town living at prices that seem from another era. Since 2020, home values have increased from $39,731 to $55,913, representing a solid 40.73% growth over five years. Without a designated metro area, Parma provides truly rural living where your housing dollar goes remarkably far, making homeownership accessible even on modest incomes.
24. Arbyrd
- 2025 Home Value: $52,309
- 2020 Home Value: Data not available
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: N/A
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Situated in Dunklin County within the Kennett metro area of Missouri’s Bootheel region, Arbyrd presents you with agricultural charm and remarkable affordability. The town’s current home value of $52,309 in 2025 makes it the second most affordable community in the state. Unfortunately, historical data is unavailable for comparison, but the current pricing suggests strong value in this rural community where your dollar stretches considerably further than in more populated areas.
25. Hillsdale
- 2025 Home Value: $50,886
- 2020 Home Value: $27,261
- 2015 Home Value: Data not available
- 2010 Home Value: Data not available
- % Change 2020-2025: 86.66%
- % Change 2015-2025: N/A
- % Change 2010-2025: N/A
Located in St. Louis County, Hillsdale offers you the most affordable housing option in Missouri as of 2025. This small municipality saw remarkable growth over the past five years, with home values increasing by nearly 87% since 2020. The average home in Hillsdale was valued at just $27,261 in 2020, but has appreciated to $50,886 by 2025, demonstrating significant investment potential while remaining highly affordable compared to surrounding areas.
