Pros of home ownership in Dixon, Missouri include:

1. Affordable house prices: The median home price in Dixon is lower than the national average. This means you can find more affordable housing options.

2. Low property taxes: The village of Dixon has a low property tax rate compared to other areas.

3. Equity building: By owning your own home, you can build equity over time.

4. Pride of ownership: Many people take pride in owning their own home.

Cons of home ownership in Dixon, Missouri include:

1. Limited job opportunities: Dixon is a small village and there are limited job opportunities available in the immediate area.

2. Rural location: Rural areas like Dixon may not have the same amenities available as larger cities.

3. Limited diversity: As a small town, Dixon may have limited diversity in terms of culture and ethnicity.

4. Property maintenance: As a homeowner, you are responsible for maintaining your property. Depending on the size of your home and property, this can be time-consuming and expensive.