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Ferrelview

Learn about the people, housing, costs and businesses in Ferrelview, Missouri

Median Home$295,700
Median Rent$893/month
Population630
Leading IndustriesFinance & Insurance · Information & Media · Transportation11% finance & insurance
Home Value Growth⬆⬆+20.1% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners67% of occupied units
Ferrelview
MO

Frequently Asked Questions

What are today's mortgage rates in Ferrelview?

As of today, the 30-year fixed mortgage rate for Ferrelview is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ferrelview?

The median home value in Ferrelview is $296k. The median monthly rent is $893. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ferrelview?

Home values in Ferrelview have increased 20.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ferrelview?

Based on a typical all-in ownership cost of $1,069/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ferrelview is $71k/year.

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What industries drive the economy in Ferrelview?

The largest employment sectors in Ferrelview are public administration (21%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.