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Summersville R-II

Learn about the people, housing, costs and businesses in Summersville R-II, Missouri

Median Home$148,478
Median Rent$535/month
Population2,826
Leading IndustriesEducation · Retail · Construction4% education
Home Value Growth+5.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners77% of occupied units
NotableVeteran Community14% of residents · top 1% nationally
NotableAffordable Market$148k median home · lower cost than 84% of the country
Summersville R-II
MO

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Summersville R-II?

As of today, the 30-year fixed mortgage rate for Summersville R-II is approximately 6.992% (7.035% 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 Summersville R-II?

The median home value in Summersville R-II is $148k. The median monthly rent is $535. Annual property taxes average $597. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Summersville R-II?

Home values in Summersville R-II have increased 5.0% over the past two years. This represents moderate growth. 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 Summersville R-II?

Based on a typical all-in ownership cost of $532/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Summersville R-II is $54k/year.

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What industries drive the economy in Summersville R-II?

The largest employment sectors in Summersville R-II are public administration (26%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.