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Pevely

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

Median Home$219,045
Median Rent$829/month
Population5,927
Leading IndustriesProfessional Services · Healthcare · Retail4% professional services
Home Value Growth⬆⬆⬆+22.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners79% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Pevely
MO

Frequently Asked Questions

What are today's mortgage rates in Pevely?

As of today, the 30-year fixed mortgage rate for Pevely is approximately 7.007% (7.047% 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 Pevely?

The median home value in Pevely is $219k. The median monthly rent is $829. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pevely?

Home values in Pevely have increased 22.2% 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 Pevely?

Based on a typical all-in ownership cost of $1,021/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pevely is $65k/year.

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What industries drive the economy in Pevely?

The largest employment sectors in Pevely are public administration (17%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.