Buying your first home doesn't always require a large down payment. Several First-Time Home Buyer Programs in Missouri offer grants, forgivable loans, second mortgages, and tax credits that can help qualified buyers reduce upfront costs and make homeownership more accessible.

The Kansas City metro real estate market held steady in May 2026 with the regional median sales price climbing 4.5% year-over-year to $345,000 while inventory tightened 6.9%. Platte County led with a 15.6% average price surge, and most counties remain under 3 months of supply — still firmly a seller's market.

Many buyers focus on the down payment and monthly mortgage payment when purchasing a home. However, the Hidden Costs of Buying a Home can add thousands of dollars to the total cost of ownership. Understanding these expenses can help buyers avoid surprises and budget more effectively.