Fayette, Missouri.
Typical home $230,368 (+6.5% in a year). Columbia, MO metro.
to buy the typical home at today's mortgage rate — +$735 (+155%) since Jan 2020.
- 1 year
- Up $13,966 +6%
- $216,402$230,368 since Sep 2025
- 5 years
- Up $65,966 +40%
- $164,402$230,368 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fayette$1,209
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Fayette, MO rose 6.5% over the past year — faster than the nation's +1.2%.
Living in Fayette, Howard County, Missouri
Fayette is a city of 2,803 people in Howard County. 58% of its homes are lived in by their owners and 42% are rented. Unemployment in Howard County was 3.9% in August 2026, and the county had 2.2% more jobs in 2025 than the year before. The most people in Howard County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fayette is a small city in Howard County, Missouri, with a population that skews very young for a town its size, a sign of the college at its center. Most households own the home they live in, though renting is part of the mix, and incomes run below the county's. Winters are cold and summers warm, with some snow in the colder months and rain spread through the year.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and the building trades also employing local people. The largest workplaces in town are Central Methodist University, which has separate colleges here, and the Fayette R-III Schools; Compass Group is also among them. Jobs in the county have grown a little over the past year, and a modest share of people work from home.
Things to do. The Adams Fork runs in or beside town, and Sugar Tree Branch and Cole Creek are streams a short drive away. For a longer outing, Arrow Rock State Historic Site is a protected historic area, and Faurot Field is a stadium farther afield. Both are a longer drive away.
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- 799households
- 34%of adults have a degree
- 17%below the poverty line
- 27 mintypical commute
- 11%work from home
What people in Howard County work in
Employed residents by industry, from the Census survey. Howard County had 2,492 jobs in 2025, 2.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 18°; warmest in July, with highs near 87° and lows near 67°. About 10 inches of snow and 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the New Franklin 1W weather station, 10 miles away (NOAA).
Largest workplaces in Fayette
- Central Methodist University-College of Liberal Arts and SciencesUniversity or college283
- Central Methodist University-College of Graduate and Extended StudiesUniversity or college212
- Fayette R-iii SchoolsSchool district100FTE
- Compass Group53
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 53 people in all. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- Heat wavesRelatively high
- Winter weatherRelatively high
- LightningRelatively high
- Cold wavesRelatively high
- Strong windRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fayette’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Howard County and the Columbia, MO metro.
Fayette home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fayette$230,368
- Missouri$265,387
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Fayette listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fayette18
New listings per month
Sellers arriving at the market.
- Fayette5
Zip codes with a Fayette address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fayette — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.