Location: Worth County, MO | Metro: Gentry County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 64441 presents a unique set of conditions that landlords and small-portfolio investors should consider. With the median home value currently unspecified, it's crucial to look at other metrics to gauge the market's health and future direction.
The fact that the percentage of listings reduced and the median days on market (DOM) are also not available suggests a market that lacks recent comprehensive data. However, this can be interpreted as a stable market where there isn't significant fluctuation in home values or a high volume of transactions, which might imply steady demand and supply. In such a scenario, landlords and investors can expect to maintain their current pricing power without major adjustments over the next 12-24 months.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $890. This figure, combined with the lack of specific market rent data, indicates that the rental market in ZIP 64441 is likely to remain competitive but not overly volatile. Landlords should aim to keep their rents aligned with the FMR to ensure occupancy rates remain healthy.
For long-term investors, the appreciation thesis is somewhat unclear due to the absence of specific historical data points. However, given the stability implied by the lack of reductions and the steady rental market, there is potential for gradual appreciation rather than rapid growth. The setup suggests that while quick capital gains might not be the primary focus, maintaining properties and gradually increasing their value through improvements could be a sound strategy.
In summary, the current conditions in ZIP 64441 suggest a market where landlords and investors can expect steady returns and gradual appreciation, rather than dramatic shifts in pricing power or rental rates. Staying informed with the latest market updates and aligning rental prices with the FMR will help in making strategic decisions.
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.