The story of this market
The typical home in ZIP 63462 sells for about $880,000, or $174 per square foot.
Prices are up +7% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,320 a month.
This ZIP has no home sales of its own, so its market figures come from Monroe County, Missouri (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 63462 — Perry
The housing market in 63462 remains stable with modest price appreciation driven by low inventory and consistent demand for rural, lake-adjacent properties. Sales volume is low, reflecting the small population base and limited turnover in the area. Market conditions are expected to remain steady as the region continues to serve as a quiet residential and recreational hub.
This ZIP is best suited for retirees, outdoor enthusiasts, and families seeking a quiet, rural lifestyle with affordable housing costs and proximity to lake recreation.
Median prices moved up 7.0% year over year.
Homes spend a median of 84 days on market with 6.6 months of supply — a balanced-paced market.
20% of listings have cut prices · homes sell at 91.6% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.4% · poverty 11.6% — a mixed stability 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 5.4%/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 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 63462, Ralls/Monroe Counties 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.
Crime rates in the Perry area are generally low and consistent with rural Missouri trends, with no significant spikes reported in recent local law enforcement summaries.
The area is served by the Perry County School District, which maintains a stable academic reputation focused on small class sizes and community-integrated learning.
The region faces moderate risks from severe thunderstorms and occasional flooding near the Mark Twain Lake basin, with standard insurance coverage typically available.
Economic momentum is driven primarily by agricultural operations and tourism related to Mark Twain Lake, with limited large-scale industrial development.
Property taxes are assessed at the county level based on fair market value, with specific levies for school districts and local fire protection services.
Commutes are primarily car-dependent, with residents typically driving to employment hubs in Hannibal or Moberly via state highway corridors.
The ZIP is anchored by proximity to Mark Twain Lake, offering extensive boating, fishing, and camping opportunities, alongside local community parks in Perry.
The rental market is limited in depth, consisting mostly of single-family homes and small multi-family units with low turnover and stable, modest rent growth.
The local economy is heavily reliant on agriculture, tourism, and public sector employment, with limited commercial diversification.
Transportation is almost exclusively via private vehicle, with no public transit infrastructure serving the rural geography.
Development is largely restricted to small-scale residential infill and agricultural support facilities.
The county appraisal district conducts periodic assessments to ensure property valuations align with state-mandated agricultural and residential standards.
Parcels are subject to local school district levies and rural fire protection district assessments.
Property insurance premiums are stable but reflect regional exposure to wind and storm damage common in the Midwest.
The state experiences modest net domestic migration, with rural areas like this seeing stable or slightly declining population trends.
Missouri is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under the deed of trust.
Sellers are required to provide a standard disclosure form detailing known material defects in the property.
Data retrieved from data.census.gov ZCTA 63462 profile.
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.
A major regional reservoir offering boating, fishing, and extensive public recreation areas.
A significant infrastructure site that created Mark Twain Lake and serves as a local attraction.
Local community space providing playgrounds and picnic facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($185,000) sat outside the 0.25–4× band around Monroe County's retained level and was not stored.