The story of this market
The typical home in ZIP 63620 sells for about $129,900, or $195 per square foot.
Homes take about 79 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $960 a month.
ZIP 63620 — Annapolis
The housing market in ZIP 63620 is characterized by low transaction volume and high affordability, with a median home value significantly below the national average. Market activity is minimal, and the area remains a rural, car-dependent community with limited development momentum. Most figures, such as specific tax history and detailed permit data, are not determinable at the ZIP level.
This ZIP code is best suited for those seeking affordable, rural living, including retirees or individuals who prioritize low-cost housing over proximity to major employment hubs.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 79 days on market with 7.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 99.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 16.9% — 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 1.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 63620, Iron County MO
Schools serving the area include Fredericktown R-I School District, which provides elementary, middle, and high school education to the region.
The area is characterized as a rural, low-snow region with standard regional climate risks; specific flood or wildfire insurance posture is not determinable.
Economic momentum is limited, with the local economy primarily supported by healthcare, transportation, and retail trade sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Missouri) — Occupancy Law Property Tax Proration: Allows for the assessment and taxation of newly constructed residential property starting the first month following occupancy, and pro rata removal from tax rolls for improvements destroyed by natural disaster. State (Missouri) — Residential Property Tax Assessment: Residential property is assessed at 19% of its true market value. The formula is: (Market Value * 0.19) * Local Tax Rate = Annual Tax Liability.
The area is highly car-dependent with a mean commute time of approximately 180 minutes, reflecting its remote rural location.
Recreational opportunities are primarily rural, including access to local lakes and outdoor spaces; shopping and dining options are limited within a 3-mile radius.
The rental market is characterized by low inventory and limited rental comps, with HUD-based fair market rents serving as the primary benchmark.
The local economy is driven by healthcare, transportation, and retail trade, with a significant portion of the workforce commuting long distances.
Transportation is almost exclusively reliant on personal vehicles; there is no significant public transit infrastructure.
There are no major commercial or infrastructure developments currently reported for this ZIP code.
Iron County Assessor manages property valuations; assessments are updated periodically based on market trends.
Parcels are served by the Fredericktown R-I School District.
Property insurance availability is standard for rural Missouri, though specific premium trends for this ZIP are not determinable.
Data retrieved from US Census Bureau and Missouri Demographics by Cubit.
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. Source: NCES EDGE public school locations 2023-24.
A local residential and recreational lake community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.