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Leasburg

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

Median Home$159,500
Median Rent$758/month
Population290
Leading IndustriesManufacturing · Transportation · Wholesale Trade5% manufacturing
Home Value Growth⬆⬆⬆+24.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$160k median home · lower cost than 70% of the country
Leasburg
MO

Frequently Asked Questions

What are today's mortgage rates in Leasburg?

As of today, the 30-year fixed mortgage rate for Leasburg is approximately 7.056% (7.097% 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 Leasburg?

The median home value in Leasburg is $160k. The median monthly rent is $758. Annual property taxes average $955. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Leasburg?

Home values in Leasburg have increased 24.7% 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 Leasburg?

Based on a typical all-in ownership cost of $653/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Leasburg is $56k/year.

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What industries drive the economy in Leasburg?

The largest employment sectors in Leasburg are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.