Location: Ozark County, MO | Metro: Ozark County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
U.S. Census Bureau data (2024)
The ZIP code 65773 presents a unique snapshot of the real estate market, characterized by a median home value of $261,505. This figure stands as a benchmark for property values in the area, reflecting the overall economic conditions and the desirability of the neighborhood.
The Fair Market Rent (FMR) for the metro area, set at $890 for fiscal year 2026, provides insight into the rental market's current state. While the specific market rent for ZIP 65773 is currently unavailable, the FMR serves as a guideline for what tenants can expect to pay in the region, particularly for those seeking assistance through programs like Section 8.
A significant aspect of this market is the 7.9% share of renters, which indicates a relatively low proportion of residents who prefer renting over owning. This suggests that the majority of individuals in the area are homeowners, which could imply a stable community with less immediate pressure on rental properties. However, it also points to potential long-term housing pressure if the trend towards homeownership continues, leaving fewer units available for rent and possibly driving up rental prices when new rentals enter the market.
The absence of data regarding the percentage of price-cut share and days on market (DOM) makes it challenging to definitively state whether supply outpaces demand or vice versa. Nevertheless, the combination of a defined FMR and an unspecified market rent hints at a balanced market where neither supply nor demand overwhelmingly dictates pricing. Landlords and small-portfolio investors should closely monitor trends in both home values and rental prices to stay informed about the local market dynamics.
In conclusion, ZIP 65773 offers a mix of affordable home ownership and a rental market that, while not extensively detailed here, is likely influenced by broader regional factors such as the FMR. The relatively low renter share could signal a predominantly owner-occupied community, but it also underscores the importance of understanding the underlying forces that might shift this balance over time.
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.