Buying a Home in Ferguson, MO
What it actually costs to buy in this established St. Louis County suburb — real prices, monthly payments, income needed, and the local rules most buyers don’t know. From a local broker, not a national average.
What it costs to buy in Ferguson
Ferguson’s median sale price is about $129,714 — among the more affordable St. Louis County medians. Here’s a rough monthly picture at that price:
20% down · 30-yr fixed
What you’d need to afford it
At Ferguson’s median, a typical buyer needs roughly $25,000–$35,000 in household income (less with more down, more if you carry other debt). Want to see where your budget actually reaches across St. Louis? Explore the affordability map to compare Ferguson with every nearby community.
Ferguson by the numbers
Source: U.S. Census Bureau, ACS 2024 5-year.
Run your Ferguson numbers
These are the same free tools that power this page — try them with Ferguson’s prices and your own situation:
Living in Ferguson: what buyers should know
The feel
Ferguson is a North St. Louis County city along West Florissant Avenue, home to the historic Ferguson Farmers Market, January-Wabash Park, and an Amtrak-served downtown, in the Ferguson-Florissant School District. Housing is largely early- and mid-20th-century brick homes and bungalows on established streets, with some larger older homes near the historic center.
Schools
Ferguson is served by the Ferguson-Florissant School District. For factual, source-based ratings, review the district’s Missouri DESE report card or its GreatSchools profile as you weigh your budget.
Local rules most buyers miss
Occupancy permit & inspection: Ferguson requires an occupancy permit and inspection before a property can be occupied or re-occupied. The application initiates inspections that verify the home meets city safety and housing codes. Confirm current requirements with the City of Ferguson (314-521-7721).
Property taxes: Missouri assesses homes at 19% of market value, and your bill depends on Ferguson’s combined St. Louis County and school-district levies. Taxes are a real line in your payment here — don’t estimate from a national calculator.
Good news: Missouri has no real-estate transfer tax, so that’s one closing cost you won’t pay.
How Ferguson compares to nearby communities
Median sale prices for Ferguson and its immediate neighbors (Redfin, May 2026):
| Community | Median price |
|---|---|
| Ferguson | $129,714 |
| Florissant | $188,050 |
| Hazelwood | $191,434 |
| Dellwood | $140,992 |
| Jennings | $56,488 |
Prefer a different price point? Compare Ferguson with the neighbors above, or see them all on the map →.
Buying in Ferguson with Better Rate Mortgage
We’re a St. Louis broker — we know Ferguson’s inspections, its taxes, and what it takes to win a home here. For qualified buyers, our $5,000 Seller Guarantee can make your offer stand out in a competitive Ferguson market by giving sellers extra confidence your financing will close.
Ferguson home-buying FAQ
How much does a home cost in Ferguson, MO?
What income do you need to buy in Ferguson?
Does Ferguson require an occupancy inspection?
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Sources & disclaimers. Median home prices: Redfin Data Center, 3-month sales-weighted average, as of May 2026. Payment and income figures are illustrative estimates for general education only, assume an illustrative rate and typical St. Louis County tax/insurance, and are not Better Rate Mortgage’s actual rates or a commitment to lend; your terms depend on your application. Confirm occupancy-inspection and permit requirements with your local building department. Reviewed by Sean Zalmanoff, Founder & Chief Loan Officer, Better Rate Mortgage (NMLS #239823). Company NMLS #2401335. Equal Housing Lender. Basemap © OpenStreetMap contributors, © CARTO.
