Why Live in Mexico
Mexico, located in the bluegrass region of Missouri, is known as the Mainstreet of the Midwest and offers a relaxed lifestyle with affordable living. Incorporated in 1874, this rural community has a population of around 11,500 and serves as the county seat of Audrain County. The local economy is driven by major employers like Spartan Light Metal Products and SSM Health Medical Group. Mexico is famous for the Missouri Military Academy and the annual Miss Missouri Pageant, which attracts thousands of visitors. The city boasts 13 parks and 450 acres of green space, including Hardin Park with its summer concert series and Plunkett Park featuring a skatepark and fishing lake. Housing options are diverse, ranging from single-family ranch styles to townhouses and new developments in subdivisions like Lakeside at The Oaks. The Mexico School District serves local families, while private schools and Moberly Area Community College offer additional educational opportunities. Downtown Mexico features local grocers, boutiques, and eateries such as The 581 restaurant. The area is safer than the national average, with significant decreases in violent and property crime rates in 2023. Residents have access to healthcare facilities within the city and nearby Columbia, which is 40 miles away via U.S. Route 54.
Home Trends in Mexico, MO
On average, homes in Mexico, MO sell after 38 days on the market compared to the national average of 50 days. The median sale price for homes in Mexico, MO over the last 12 months is $165,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$165,000
Median Single Family Sale Price
$170,000
Median 2 Bedroom Sale Price
$215,750
Average Price Per Sq Ft
$125
Number of Homes for Sale
41
Last 12 months Home Sales
266
Median List Price
$175,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%