The story of this market
The typical home in ZIP 64620 sells for about $175,000, or $118 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $725 a month.
ZIP 64620 — Altamont
The housing market in 64620 remains stable with low inventory and modest price appreciation. Activity is driven by local demand rather than speculative investment, resulting in a balanced market for buyers and sellers.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including families and retirees who prioritize affordability and community over proximity to major urban employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.7 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 6.1% — a stable, low-distress 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 7.0%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 64620, Daviess County 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.
The area is served by the North Daviess R-III School District, which maintains a small-town educational environment.
The region is primarily rural with standard Midwestern weather risks; flood and wildfire hazards are generally low but localized.
Economic momentum is driven by local agriculture and small-scale commerce, with limited large-scale industrial development.
Property taxes are assessed at the county level by the Daviess County Assessor based on fair market value, with rates determined by local school and municipal levies.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs for employment.
Recreation is centered on rural outdoor activities, local parks, and community-based events in Altamont.
The rental market is limited in depth, consisting primarily of single-family homes with low turnover and minimal institutional investor presence.
The economy is heavily reliant on the agricultural sector, with small businesses providing essential services to the local population.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently approved or under construction in this ZIP.
The Daviess County Assessor manages property valuations, typically conducting reassessments on a biennial cycle.
Parcels are subject to local school district taxes and county-wide levies for emergency services and road maintenance.
Property insurance premiums are stable, reflecting the low-density rural nature of the area and minimal exposure to catastrophic natural disasters.
Missouri is a non-judicial foreclosure state, allowing for relatively rapid processing of defaults.
Missouri law requires sellers to provide a property disclosure statement, though it is limited in scope compared to other states.
Data retrieved from Census Reporter ZCTA 64620 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.
- I-35 Speedway4.64.6 mi
- US 36 Raceway4.615.7 mi
- Recreation Park4.612.1 mi
- Far West Temple Site4.913.2 mi
- Hawn's Mill4.718.2 mi
- Adam-ondi-Ahman4.910.8 mi
- Missouri Quilt Museum4.99 mi
- Tower Hill Trail4.99.3 mi
- Recreation Park4.612.1 mi
- McCorkle Park4.211.7 mi
- Lake Viking Marine4.75.3 mi
- Randy Curnow Chevrolet4.510.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.