Gallatin, Missouri.
Typical home $273,004 (+6.6% in a year).
to buy the typical home at today's mortgage rate — +$907 (+172%) since Jan 2020.
- 1 year
- Up $16,961 +7%
- $256,043$273,004 since Sep 2025
- 5 years
- Up $85,344 +45%
- $187,660$273,004 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.
- Gallatin$1,433
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Gallatin, MO rose 6.6% over the past year — faster than the nation's +1.2%.
Living in Gallatin, Daviess County, Missouri
Gallatin is a city of 1,821 people in Daviess County. Half its households earn more than $47,198 a year and half less, against $63,984 across Daviess County; 20% of its people live below the poverty line. 64% of its homes are lived in by their owners and 36% are rented. Unemployment in Daviess County was 3.0% in August 2026, and the county had 2.5% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
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 It can be wrong or out of date.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. Gallatin is a small city and the seat of Daviess County, in northern Missouri. Most homes are lived in by their owners, and incomes run below the county's, with a good share of residents living below the poverty line. Winters are cold and snowy, with January the coldest month, while summers turn warm, and the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, with shops, manufacturing and the building trades also employing many. Across Daviess County, the largest workplaces include Gallatin R-V Schools, Pattonsburg R-II Schools and Trexcon, a convenience food and gasoline business. Unemployment in the county has eased a little over the past year, though the county has fewer jobs than it did the year before.
Things to do. Several creeks, including Honey Creek and Marrowbone Creek, are a short drive away and are good for time outdoors. A longer drive brings you to Crowder State Park and Wallace State Park, both protected areas set aside for walking, camping and enjoying the countryside.
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- 691households
- 19%of adults have a degree
- 20%below the poverty line
- 22 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Daviess County had 1,839 jobs in 2025, 2.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 16°; warmest in July, with highs near 86° and lows near 66°. About 20 inches of snow and 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Gallatin 1W weather station, under a mile away (NOAA).
Largest workplaces in Daviess County
- Gallatin R-V SchoolsSchool district102FTE
- Pattonsburg R-II SchoolsSchool district38FTE
- TrexconConvenience food with gasoline stations37
- Tri-county R-vii SchoolsSchool district30FTE
- Winston R-VI SchoolsSchool district30FTE
- North Daviess R-iii SchoolsSchool district21FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 37 people in all across the county; Gallatin has one of its own. School districts come 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
- Strong windVery high
- Cold wavesVery high
- DroughtRelatively high
- Heat wavesRelatively high
- HailRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Gallatin’s census tracts, against the rest of the country; all of them together, relatively high. 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 Daviess County.
Gallatin home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Gallatin$273,004
- 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 5 Gallatin listings — the market is cooling.
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.
- Gallatin22.16%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Gallatin34
New listings per month
Sellers arriving at the market.
- Gallatin8
Zip codes with a Gallatin address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Gallatin — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Gallatin
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 64640 | Gallatin | 3,125 | — | $257,523 |
| 64648 | Jamesport | 2,396 | — | $283,378 |