The story of this market
The typical home in ZIP 65084 sells for about $209,000, or $135 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $611 a month.
ZIP 65084 — Versailles
The 65084 housing market is characterized by a high vacancy rate and a slow-paced environment, with a median listing price of $209,000. While home values have seen modest growth, the high price-to-rent ratio and significant vacancy suggest a challenging environment for investors. The market remains stable, driven by local demand rather than speculative growth.
This ZIP is best suited for budget-conscious buyers and those seeking a quiet, small-town lifestyle, as the high price-to-rent ratio and vacancy rates present challenges for traditional real estate investors.
Median prices moved up 4.5% year over year.
Homes spend a median of 78 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.1% · poverty 20.0% — 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 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 65084, Morgan 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 is served by the Morgan County R-II School District, which provides standard public education for the local community.
The region is subject to standard Midwestern weather patterns, including potential for severe thunderstorms and wind events; flood risk is localized to specific low-lying areas near regional waterways.
Economic momentum is modest, driven primarily by local agriculture, small-scale manufacturing, and services supporting the nearby Lake of the Ozarks tourism economy.
The effective property tax rate of 0.84% reflects the combined levies of the municipality, Morgan County, and the local school district.
Residents primarily rely on personal vehicles for commuting, with an average commute time of approximately 16.4 minutes to local employment centers.
The area offers access to local parks and is within driving distance of the Lake of the Ozarks for boating, fishing, and outdoor recreation.
The rental market is characterized by a high vacancy rate of 20.4%, suggesting a soft demand environment for investors.
The local economy is anchored by agriculture, manufacturing, and regional services, with a significant portion of the workforce supporting the broader Lake of the Ozarks tourism sector.
Transportation is primarily highway-based, with State Route 52 serving as a major corridor for regional access.
Development activity is currently limited, with a focus on maintaining existing residential and commercial infrastructure.
The Morgan County Assessor's office manages property valuations for tax purposes based on periodic assessments.
Parcels are subject to Morgan County R-II School District levies and standard municipal utility districts.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail risks common in central Missouri.
Data retrieved from Data USA and Census Bureau profiles for ZCTA 65084.
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 park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.