Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$103,762+1.1% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 13% have cut their price
Income needed to buy, per year$22,494About 0.4× the local median income ($53,120): affordable for a typical household
Days on market77 daysSlower than a year ago: buyers have time to negotiate
The typical home in New Madrid County, MO is worth $103,762, up 1.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $97,055, so the area is 6.9% overvalued. It is a buyer's market: homes take about 77 days to sell, listings are up 97% from a year ago, 13% of listings have had a price cut. A household needs about $22,494 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,120. In the latest IRS figures, 85 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$103,762
Change in 1 year
+1.1%
Overvalued %
+6.9%
Show 6 more
Fair home value
$97,055
Change in 5 years
+22.8%
Home value to income
2.0×
Monthly mortgage payment (20% down)
$562
Income needed to afford it
$22,494
Property tax rate
0.73%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$962
Market activity
Listings vs a year ago
+97.1%
Days on market
77
Listings with a price cut
13.0%
Show 3 more
Homes for sale
69
Pending sales per 100 listings
16
Asking price per sq ft
$78
People and jobs
Median household income
$53,120
Population change (1 year)
−1.3%
Unemployment rate
3.4%
Show 4 more
Population
15,086
Income adjusted for cost of living
$63,313
Net moves in (IRS)
−85
Cost of living (US = 100)
83.9
Schools, risk and environment
School rating (1 to 10)
3.7
FEMA hazard risk score (0 to 100)
71.9
Flood risk score
22.6
Show 3 more
Wildfire risk score
3.8
Walkability (1 to 20)
6.3
Road, rail and air noise
53 dB
Questions people ask
Is New Madrid County, MO overvalued?
Home prices in New Madrid County, MO are slightly above what local incomes have historically supported: fair value is about $97,055, so the area is 6.9% overvalued.
Is New Madrid County, MO a buyer's or seller's market?
New Madrid County, MO is a buyer's market: homes take about 77 days to sell, listings are up 97% from a year ago, 13% of listings have had a price cut.
Are home prices going down in New Madrid County, MO?
Home values in New Madrid County, MO are up 1.1% over the last year.
How much do you need to earn to buy a home in New Madrid County, MO?
A household needs about $22,494 a year to afford the typical home in New Madrid County, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,120.