Versailles, Missouri.
Typical home $238,340 (+3.8% in a year).
to buy the typical home at today's mortgage rate — +$635 (+103%) since Jan 2020.
- 1 year
- Up $8,736 +4%
- $229,603$238,340 since Sep 2025
- 5 years
- Up $24,487 +11%
- $213,852$238,340 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.
- Versailles$1,251
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 32 years.
Typical home values in Versailles, MO rose 3.8% over the past year — faster than the nation's +1.2%.
Living in Versailles, Morgan County, Missouri
Versailles is a city of 2,539 people in Morgan County. Unemployment in Morgan County was 4.5% in August 2026, and the county had 3.1% fewer jobs in 2025 than the year before. The most residents 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 It can be wrong or out of date.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. Versailles is the seat of Morgan County in central Missouri, a small city where homes cost less than in much of the country. Incomes are below what is typical for the county, and a good share of residents live below the poverty line. Few adults hold a four-year degree, and winters are cold while summers turn hot, with a fair amount of rain and melted snow through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, retail, and professional and business services also employing many. Morgan CO. R-II Schools, Walmart and Gates are among the largest workplaces in Versailles. Unemployment in the county is higher than it was a year ago, and the county had fewer jobs last year than the year before. Commutes are short, and very few people work from home.
Things to do. A short drive from town you can reach Locust Creek and Brushy Creek, both rivers suited to a quiet afternoon by the water. Farther afield, the Lake of the Ozarks is a large reservoir a longer drive away, and Bridal Cave, a tourist attraction, is also a longer drive.
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- 1,221households
- 13%of adults have a degree
- 20%below the poverty line
- 16 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Morgan County had 4,637 jobs in 2025, 3.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 22°; warmest in July, with highs near 88° and lows near 69°. About 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Versailles weather station, under a mile away (NOAA).
Largest workplaces in Versailles
- Morgan Co. R-II SchoolsSchool district218FTE
- WalmartWarehouse clubs and supercenters206
- GatesControl valves, fluid power, manufacturing196
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 402 people in all. 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
- Ice stormsVery high
- Heat wavesRelatively high
- Winter weatherRelatively high
- TornadoesRelatively high
- LightningRelatively high
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Versailles’ 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 Morgan County.
Versailles home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Versailles$238,340
- 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 4 Versailles 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.
- Versailles24.47%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Versailles36
New listings per month
Sellers arriving at the market.
- Versailles12
Zip codes with a Versailles address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Versailles — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.