The story of this market
The typical home in ZIP 64640 sells for about $282,685, or $303 per square foot.
Prices are up +9% from a year ago, so sellers still have some momentum. Homes take about 188 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $781 a month.
ZIP 64640 — Gallatin
The housing market in 64640 is characterized by a mix of rural residential properties and recreational lake-front homes. Data indicates a steady increase in home values, though specific metrics like closed sales and rental rates are not publicly aggregated at the ZIP level. The market remains stable, driven by local demand and the appeal of the Lake Viking community.
This ZIP is well-suited for families and retirees seeking a rural lifestyle or recreational property, particularly those interested in lake-front living at Lake Viking.
Median prices moved up 9.0% year over year.
Homes spend a median of 188 days on market with 0.0 months of supply — a slower-moving market.
36% of listings have cut prices · homes sell at 0% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 12.6% — a stable, low-distress profile.
ZCTA 64640, 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 Gallatin R-V School District, which provides public education for the local community.
The area features a mix of rural residential and recreational development, notably around the Lake Viking community.
Property taxes are assessed at the county level by Daviess County; specific district rates vary by school and special service district boundaries.
The area is primarily rural, with residents relying on personal vehicles for commutes; access to I-35 provides the primary corridor for regional travel.
The primary recreational anchor is Lake Viking, a private lake community offering boating, fishing, and swimming, alongside local parks in Gallatin.
The rental market is limited, with a mix of long-term residential rentals and seasonal/vacation properties associated with the Lake Viking recreational area.
The local economy is driven by agriculture, local government services, and the recreational sector centered on Lake Viking.
Transportation is entirely automobile-dependent, with I-35 serving as the main artery for regional connectivity.
Development is largely focused on residential expansion and maintenance within the Lake Viking private community.
The Daviess County Assessor manages property valuations for tax purposes.
Parcels are subject to school district taxes and potential special assessments related to the Lake Viking Association.
Data sourced from Census Reporter and United States Zip Codes.
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 Speedway4.610.8 mi
- Far West Temple Site4.917 mi
- Hawn's Mill4.715.2 mi
- Adam-ondi-Ahman4.97.4 mi
- Missouri Quilt Museum4.99.2 mi
- Tower Hill Trail4.97.1 mi
- Lake Viking Marine4.77.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A private residential lake community featuring boating, fishing, and clubhouse facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.