Lafayette County Homes under $200,000

Welcome to Lafayette County, Missouri—a hidden gem that combines small-town charm with a vibrant community spirit. Nestled in the heart of the Show-Me State, Lafayette County is known for its picturesque landscapes, rich history, and friendly neighborhoods. Whether you're drawn to the rolling hills, lush farmland, or the quaint towns dotted throughout the area, Lafayette County offers a serene lifestyle with easy access to both nature and urban conveniences.

For homebuyers seeking affordability without sacrificing quality, Lafayette County has an enticing selection of homes priced under $200,000. This makes it an ideal destination for first-time buyers, growing families, or anyone looking to invest in a peaceful retreat that won’t break the bank. You’ll find a variety of charming properties, from cozy single-family homes to inviting townhouses, all designed to meet diverse lifestyles and budgets.

Imagine sipping your morning coffee on a sunlit porch, or hosting weekend barbecues in a spacious backyard—these dreams can become a reality in Lafayette County. The area boasts excellent schools, family-friendly parks, and a strong sense of community, making it a wonderful place to call home.

With its affordable housing options and a welcoming atmosphere, Lafayette County is not just a place to live; it’s a place to thrive. Explore the possibilities today and discover why so many are choosing to make Lafayette County their home sweet home!

Newest Lafayette County Homes under $200,000

$192,000

3 Beds ⋅ 1.5 Baths

This home has so much character and charm! From the moment you arrive, the welcoming covered front porch, mature trees and nicely landscaped yard create a great first impression. Inside, you’ll find spacious rooms, tall ceilings and beautiful original-style wood trim that adds warmth and personality throughout the home. The large living and dining spaces offer plenty of room for everyday living and entertaining, while the kitchen provides abundant cabinetry, generous counter space and a bright window over the sink. The home also features comfortable bedrooms, updated flooring in several areas and two bathrooms, including one with a tub/shower combination. Outside, enjoy the covered front porch, established landscaping and a spacious yard with plenty of room to relax, garden or entertain. With its combination of classic details, functional living space and inviting outdoor areas, this home offers a wonderful opportunity to make it your own.

1100 Walnut Street, Higginsville

Listing courtesy of Monica Ritter of RE/MAX Central.

$169,000

3 Beds ⋅ 1 Baths

Great opportunity to live near Crystal Lake. Enjoy fishing and walking trails. The home features hardwood flooring in the living room and bedrooms. New flooring in bathroom and kitchen.

807 S 23rd Terrace, Lexington

Listing courtesy of Kathy Adkins of Riverview Realty.

$115,000

3 Beds ⋅ 1 Baths

707 Main Street, Waverly

Listing courtesy of Kathy Adkins of Riverview Realty.

$40,000

2 Beds ⋅ 1 Baths

Welcome to an excellent investment or redevelopment opportunity in Lexington, MO! This 2-bedroom, 1-bath property offers 832 sq ft of living space on a .321-acre in-town lot. The property has significant foundation damage and is being sold strictly as-is, creating an opportunity for an investor looking for a project or someone wanting a lot in town to remove the existing structure and build new. Convenient in-town location with potential to bring your vision to life. Buyer and buyer’s agent to verify all measurements, property lines, lot dimensions, zoning, utilities, and intended use. Property is being sold as-is with no repairs to be made by the seller.

203 S 7th Street, Lexington

Listing courtesy of Alexia Fiedler of 1st Class Real Estate KC.

$135,000

2 Beds ⋅ 1 Baths

619 W 26th Street, Higginsville

Listing courtesy of Monica Ritter of RE/MAX Central.

$95,000

2 Beds ⋅ 1 Baths

INVESTORS and FLIPPERS needed! Cosmetic flip, come gain you sweat equity! Slab house with good bones, come make your vision come to life!

218 Highland Avenue, Lexington

Listing courtesy of Dylan Fry of RE/MAX Advantage.

$159,000

A Downtown Lexington Opportunity Full of Possibilities! If you're looking for a property that offers character, flexibility, and the potential for multiple income streams, take a closer look at 1007 Franklin Avenue. This distinctive two-story, approximately 2,400 sq ft commercial building is located in the heart of Downtown Lexington and is ready for its next chapter. Formerly home to a restaurant, the main level offers a flexible layout with plenty of potential for a restaurant, retail shop, professional office, event space, or a business of your own. The existing kitchen setup, including an exhaust hood, gives the space a head start for a future food-service concept. Upstairs, the second-floor apartment opens the door to additional possibilities: generate rental income, create an owner-occupied space, or incorporate it into your overall business plan. Add in basement storage with a walkout, and you have even more functional space to work with. A newer AC system adds to the property's appeal. At the same time, the combination of commercial space, an apartment, basement storage, and a prime downtown location creates an opportunity to explore multiple income streams under one roof. Whether you have a business dream, an investment strategy, or simply a vision for breathing new life into a downtown property, 1007 Franklin Avenue is ready for its next opportunity. Bring your ideas and see what you can create in the heart of historic Lexington!

1007 Franklin Avenue, Lexington

Listing courtesy of Larry Thomas of Keller Williams Platinum Prtnr.

$78,500

1 Beds

CREATE YOUR OWN COUNTRY RETREAT! Nearly completed 640 sq. ft. custom-built cabin on just over ½ acre corner lot in Aullville! If you've been dreaming of a weekend getaway, small homestead, hobby farm, or a place where you can finish things your way—this property deserves a look! Custom frame construction by Mennonite craftsmen offers quality and character, featuring heavy insulation, insulated interior walls, double-pane tilt-in windows, durable metal siding, metal roof, and a distinctive cupola. A spacious 6' x 40' covered porch provides the perfect spot to relax, entertain, or enjoy the peaceful country setting. The interior is ready for your vision! With approximately 640 sq. ft. of open space, you can design the cabin to fit your needs and style. Public water is available with the water meter and hydrants already on the property, and electric service is to the box and in the home. A list of materials available to remain with the property is provided. And don't miss the beautiful barn with a fantastic loft, offering excellent space for animals, storage, hobbies, or your next farm project. The corner lot provides plenty of room for a garden, fruit trees, small livestock, or creating your own little homestead. Finish it. Make it yours. Grow something. Raise something. Escape the everyday. Whether you're looking for a peaceful weekend retreat or a place to build your own small homestead, this one offers a rare opportunity to create something truly your own!

7799 3rd Street, Higginsville

Listing courtesy of PATTY SCHNAKENBERG of Homestead 3 Realty.

$125,000

2 Beds ⋅ 1 Baths

This is nice small home just right for a young couple or a retired couple. A shed sets out back behind the home for storage or all your lawn mowing equipment. A beautiful deck off the back of the home for potted flowers and a good reading place or just to rest after a hard day's work. And doit forget to fire up the grill and enjoy a good home cooked meal. The home has new Vinyl Plank flooring all though out the home that was just recently done. The inside of the home has also just been painted. The kitchen has a very nice gas stove an exhaust fan. Refrigerator and microwave. There is a hook up for a dishwasher

625 W 26th St Street W, Higginsville

Listing courtesy of Cheryl Jungeblut of Home Realty.

$190,000

3 Beds ⋅ 1 Baths

A move-in ready one-level home! Open floorplan and spacious rooms on a large lot. New Upgrades include... All new sewer line and plumbing work! Updated paint, carpet and hardware. Enjoy this main-level living home in the heart of Odessa with plenty of room for everyone!

203 N Connor Street, Odessa

Listing courtesy of Christina Brown of Sage Door Realty, LLC.

$175,000

3 Beds ⋅ 1 Baths

This recently remodeled 3-bedroom, 1-bath home that has been completely taken down to the studs and thoughtfully brought back to life. With extensive updates throughout, this home offers the fresh look and feel of a modern renovation while maintaining a comfortable, functional layout. Inside, you’ll find bright, inviting living spaces, three bedrooms, an updated bathroom, and a separate laundry/mud room that provides convenient everyday storage and functionality. Step outside to enjoy the large backyard—perfect for entertaining, gardening, pets, or simply relaxing. A deck offers a great spot for outdoor dining and summer gatherings, while the backyard shed provides additional storage for tools, lawn equipment, and more. With its extensive renovation, practical layout, and generous outdoor space, this move-in-ready home is ready for its next owner to enjoy.

5 SE 14th Street, Concordia

Listing courtesy of Beau Linebach of RE/MAX Central.

$109,900

2 Beds ⋅ 1 Baths

*PRICE IMPROVEMENT* Why rent when you can own? This inviting 2-bedroom, 1-bath bungalow offers an excellent opportunity for first-time buyers, downsizers, or investors looking to add their personal touch. Situated on a corner lot, this home features fresh interior paint, comfortable living spaces, and plenty of potential to make it your own. Step outside to enjoy the large, partially fenced yard, offering space for pets, gardening, outdoor entertaining, or future improvements. With affordable ownership opportunities becoming harder to find, this property is the perfect chance to build equity while creating a home that reflects your style and vision. Schedule your showing today and discover the possibilities this property has to offer—your opportunity awaits!

2101 Jefferson Street, Lexington

Listing courtesy of Cheri Hudson Landwehr of RE/MAX Central.

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