House Prices

House Prices & Home Values Novelty, MO 2026


Average Data

average house price$147,494
average size per house1917 ft²
average price per ft²77 $ / ft²

04/04/2026 - The value range (VR) for house prices in Novelty, MO is $107/ sqft to $107/ sqft. An average home with 1917 sqft costs approximately $205,119 to $205,119. Novelty, MO includes 1 ZIP codes and it is located in Knox county. The lowest prices are found in ZIP 63460, while the highest are in ZIP 63460. The average price per sqare feet is $77. Our analysis is based on 32 property listings.

Avergage prices by ZIP codes Novelty

63460116 $ / ft²




Historical development of home values in Novelty

Year Estimated value (USD) Change vs. 2025
2010 $68,499 -53.6%
2011 $65,850 -55.4%
2012 $65,673 -55.5%
2013 $68,127 -53.8%
2014 $71,515 -51.5%
2015 $75,185 -49.0%
2016 $79,109 -46.4%
2017 $83,379 -43.5%
2018 $87,989 -40.3%
2019 $92,068 -37.6%
2020 $96,828 -34.4%
2021 $110,131 -25.3%
2022 $128,388 -13.0%
2023 $135,392 -8.2%
2024 $143,224 -2.9%
2025 $147,494 0.0%

Graph: estimated home values in Novelty over time (USD)



Example: 100% financing house in Novelty

Loan amount: $147,494

Interest rate: 6.00%

Fixed monthly payment: $884.30

Breakdown in the 1st month:
Interest portion: $737.47  –  Principal portion: $146.83

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,800.37 $1,811.24 $145,682.76
2 $8,688.66 $1,922.96 $143,759.80
3 $8,570.05 $2,041.56 $141,718.24
4 $8,444.13 $2,167.48 $139,550.76
5 $8,310.45 $2,301.17 $137,249.59
6 $8,168.52 $2,443.10 $134,806.50
7 $8,017.83 $2,593.78 $132,212.72
8 $7,857.85 $2,753.76 $129,458.96
9 $7,688.01 $2,923.61 $126,535.35
10 $7,507.69 $3,103.93 $123,431.42
11 $7,316.24 $3,295.37 $120,136.05
12 $7,112.99 $3,498.62 $116,637.43
13 $6,897.20 $3,714.41 $112,923.02
14 $6,668.11 $3,943.51 $108,979.52
15 $6,424.88 $4,186.73 $104,792.78
16 $6,166.65 $4,444.96 $100,347.82
17 $5,892.50 $4,719.12 $95,628.70
18 $5,601.43 $5,010.18 $90,618.52
19 $5,292.41 $5,319.20 $85,299.32
20 $4,964.34 $5,647.28 $79,652.05
21 $4,616.03 $5,995.59 $73,656.46
22 $4,246.23 $6,365.38 $67,291.08
23 $3,853.63 $6,757.98 $60,533.10
24 $3,436.81 $7,174.80 $53,358.30
25 $2,994.28 $7,617.33 $45,740.97
26 $2,524.46 $8,087.15 $37,653.82
27 $2,025.67 $8,585.95 $29,067.87
28 $1,496.10 $9,115.51 $19,952.37
29 $933.88 $9,677.73 $10,274.63
30 $336.98 $10,274.63 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Novelty, MO


1500 sqft3900 sqft
Ø selling price$139,756$297,297
Ø fast selling$127,051$267,568
Ø high price sale$152,460$327,027

In 2026, houses in Novelty, MO will be offered at an average price of $77 per square foot. A 1,500 sqft home priced at $139,756 is 24.86% more expensive per square foot than a 3,900 sqft home priced at $297,297. Home prices in Novelty, MO vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $205,822. Sellers who can wait longer may achieve a higher price of up to $251,560.


Discover Novelty, MO

Nestled in the rolling fields of northeast Missouri, Novelty, MO is a small village that showcases classic rural charm.
Set in Knox County, it offers peaceful living, strong community ties, and wide-open skies.

History and Character

With deep roots in Missouri farm country, Novelty reflects the region?s agricultural heritage and friendly, neighborly spirit.
Local churches, quiet streets, and seasonal traditions highlight the village?s enduring character.

Things to Do and Outdoors

Visitors enjoy scenic drives, wildlife watching, and photo-worthy sunsets over pastureland around Novelty, Missouri.
Nearby parks, fishing spots, and community events in surrounding towns add variety for weekend plans.

Location and Access

The village sits within the rolling hills of Northeast Missouri, with convenient regional routes connecting to services, shopping, and healthcare in larger hubs.
Day trips to colleges, museums, and farm markets across the region make Novelty a quiet base with easy access to amenities.

Living and Real Estate

Housing in Novelty, MO leans toward single-family homes and small acreages, appealing to buyers seeking space, value, and a slower pace.
Whether you?re planning a move or a weekend visit, you?ll find a close-knit community, open landscapes, and authentic small-town Missouri hospitality.



FAQ – Home Values in Novelty

What is the median home value in Novelty in 2026?

In 2026, the typical home value in Novelty is about $147,494 for an average home size of 1917 square feet. This corresponds to an average price of roughly $77 per square foot.

What is the average cost per square foot in Novelty?

In 2026, homes in Novelty sell for an average of around $77 per square foot, with a typical range between $107 and $107 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Novelty is about 1917 square feet, with an estimated 2026 value around $147,494.



Locations close to Novelty, MO

Palmyra, MO116 $ / ft²
Perry, MO45 $ / ft²
Philadelphia, MO86 $ / ft²
New London, MO181 $ / ft²
Newark, MO58 $ / ft²
Monticello, MO62 $ / ft²
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