Location: Pemiscot County, MO | Metro: Pemiscot County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 63879 presents a unique set of challenges and opportunities for landlords and small-portfolio investors. The median home value is currently not available, which can indicate either a scarcity of recent sales data or a highly specialized market where valuation metrics are less straightforward. Additionally, the percentage of listings that have been reduced and the median days on market (DOM) are also not specified, but these factors collectively suggest a nuanced view on future pricing power.
On the rental side, the Fair Market Rent (FMR) for ZIP 63879 is projected at $890 for the fiscal year 2026, while the current market rent stands at $469 according to Census ACS data. This significant gap between the FMR and the actual market rent signals a potential upward trend in rental prices. Landlords and investors should prepare for gradual increases in rental rates as the market aligns with federal benchmarks.
The setup implies that long-term investors in ZIP 63879 might see moderate appreciation in property values, contingent upon broader economic conditions and local demand trends. However, without specific data on listing reductions and DOM, it's challenging to predict the exact trajectory. What is clear is that the rental market has room to grow, offering a steady income stream for those willing to hold properties for an extended period.
To make informed decisions, investors should closely monitor local real estate activity and any changes in the median home value and DOM. These metrics will provide critical insights into the overall health of the market and the strength of potential pricing power.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.