The story of this market
The typical home in ZIP 63645 sells for about $180,000, or $135 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $811 a month.
ZIP 63645 — Fredericktown
The 63645 housing market is currently experiencing soft conditions with limited price appreciation and a focus on investor-grade assets. Market data indicates that while entry-level pricing is accessible, the area requires disciplined underwriting due to economic pressures and rental performance risks. Several metrics, including specific months of supply and exact tax history, are not currently published at the ZIP level.
This ZIP is primarily suited for experienced real estate investors who understand how to operate in soft markets and can account for maintenance and turnover friction.
Median prices moved down 2.5% year over year.
Homes spend a median of 52 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 12.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 63645, Madison County MO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area has faced economic pressure over the last decade, with market activity largely driven by local operators and investors.
Property taxes are assessed at the county level in Madison County, Missouri, based on local millage rates applied to the assessed value of real property.
The rental market is characterized by potential delinquency patterns, requiring careful underwriting for investors seeking cash flow.
The local economy is influenced by regional industry trends in Madison County, with a focus on traditional sectors.
Data retrieved from census.gov ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.