The story of this market
The typical home in New Madrid County, Missouri sells for about $125,000, or $85 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. Over the long run, values in this county have grown 74% since 2000. The biggest natural hazard here is earthquake, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $962 a month.
HUD sets the fair market rent for a 2-bedroom at $962 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+11%). Worst: 2009 (-6.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3.7%
MO · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,176
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 3 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
96
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $28,287,426.
Mortgage activity
Home lending in this county
66.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 446 | 200 | 66.9% | 6.9% | $125,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
New Madrid County, Missouri
The New Madrid County housing market remains stable with low inventory and modest price adjustments. Market activity is largely driven by local demand and limited new construction, resulting in a balanced but slow-moving environment.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 5 cities · 9 ZIP reports
Median prices moved up 0.1% year over year.
Homes spend a median of 23 days on market with 0.4 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 38.83% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 17.7% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 8 researched ZIP reports of 9 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
New Madrid County, Missouri — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
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| 63830 | Caruthersville | $136,300 | $78 | +2.4% | 92 | 94.5% | 12% | 6.2 | 48 | $800 | researched Sep 27 |
| 63845 | Cardwell | $175,000 | — | — | — | — | — | — | 34 | $789 | researched Sep 27 |
| 63849 | Gobler | $90,685 | — | — | — | — | — | — | — | $962 | researched Sep 27 |
| 63862 | Lilbourn | $80,000 | $46 | +2.5% | 120 | 95% | 10% | 7.5 | 15 | $692 | researched Sep 27 |
| 63868 | Morehouse | $73,807 | $55 | +2.5% | 112 | 96% | — | 4 | 4 | $525 | researched Sep 27 |
| 63869 | New Madrid | $189,900 | $122 | — | 2 | 100% | — | 3 | 15 | $753 | researched Sep 27 |
| 63870 | Parma | $109,698 | $68 | -0.9% | 112 | 96.2% | 12.5% | 8 | 24 | $545 | researched Sep 27 |
| 63873 | Portageville | $75,000 | $65 | — | 120 | 95% | 15% | 3 | 6 | $718 | researched Sep 27 |
| 63878 | Tallapoosa | $165,000 | $116 | — | 53 | 100% | — | — | 4 | $797 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is located in a high-risk seismic zone associated with the New Madrid Fault, necessitating specific building codes and insurance considerations.
The local economy is heavily anchored by agriculture and manufacturing, with limited new large-scale industrial development reported.
Property taxes are assessed by the New Madrid County Assessor based on local millage rates; the county maintains a relatively low effective tax rate compared to the national average.
The area features access to the Mississippi River for outdoor recreation and local parks managed by municipal entities.
The rental market is characterized by low inventory and modest demand, primarily serving local workforce needs.
The economy is driven by the agricultural sector and regional manufacturing plants located in the Bootheel region.
Transportation is primarily served by regional highway corridors including I-55, which provides the main north-south transit route.
The New Madrid County Assessor manages property valuations for tax purposes, adhering to Missouri state assessment standards.
Parcels are subject to various school district levies and local municipal utility assessments.
Property insurance premiums are influenced by the region's seismic risk profile and proximity to the Mississippi River floodplains.
- Bootheel Youth Museum4.611.2 mi
- New Madrid Historical Museum4.614.5 mi
- Hunter-Dawson State Historic Site4.614.9 mi
- Morris State Park4.214.8 mi
- Bootheel Youth Museum4.611.2 mi
- New Madrid Historical Museum4.614.5 mi
- The Stars & Stripes National Museum/Library4.825.2 mi
- Hunter-Dawson State Historic Site4.614.9 mi
- Morris State Park4.214.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Forms the eastern border of the county and provides regional recreational access.
Central administrative and historic site for the county.
Data retrieved from Census Reporter and US Census Bureau QuickFacts.
Allows lenders to foreclose without court intervention via power of sale. Requires specific notice of default and intention to foreclose; prohibits deficiency judgments against owner-occupants in certain nonjudicial residential foreclosures.
Governed by RSMo Sections 443.290 to 443.440.
applies when — Applies only in counties that have formally adopted the provisions of RSMo Section 137.082.
Allows for the assessment and taxation of newly constructed residential property starting the first month following occupancy, and pro rata removal from tax rolls for improvements destroyed by natural disaster.
RSMo Section 137.082.
Residential property is assessed at 19% of its true market value. The formula is: (Market Value * 0.19) * Local Tax Rate = Annual Tax Liability.
Established under Article X, Section 4(b) of the Missouri Constitution and RSMo Section 137.115.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.