The story of this market
The typical home in ZIP 63873 sells for about $75,000, or $65 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $718 a month.
ZIP 63873 — Portageville
The housing market in 63873 is characterized by low inventory and affordable price points, primarily driven by local agricultural demand. Most available listings are older properties requiring renovation, with limited new construction activity. Market conditions remain stable with little year-over-year price appreciation.
This ZIP is best suited for budget-conscious buyers, investors seeking cash-flow properties, and those working in the local agricultural sector.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 3.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.1% · poverty 18.4% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 63873, Missouri
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 is served by the Portageville School District, which provides standard public education for the local community.
The region is located in the Mississippi River floodplain, necessitating flood insurance for many properties.
The local economy is primarily driven by agriculture and related processing industries in the Missouri Bootheel region.
Property taxes are assessed by New Madrid County based on local millage rates, with no state-level property tax.
Commuting is primarily car-dependent, with access to I-55 providing regional connectivity to larger employment hubs.
Local recreation includes community parks and proximity to regional outdoor activities in the Missouri Bootheel.
The rental market is characterized by low-cost housing stock, often utilized by local agricultural workers and small-town residents.
The economy is heavily reliant on the agricultural sector, including crop production and agricultural support services.
Transportation is dominated by private vehicle use, with I-55 serving as the primary arterial highway.
No major large-scale commercial or residential developments are currently reported for this ZIP.
The New Madrid County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district taxes and county-level assessments.
Property insurance premiums are influenced by the area's flood risk profile and regional weather patterns.
Data derived from ZCTA-level census estimates and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.