The story of this market
The typical home in ZIP 65023 sells for about $245,000, or $142 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $953 a month.
ZIP 65023 — Centertown
The housing market in 65023 remains stable with low inventory and steady demand from buyers looking for rural living near Jefferson City. Prices have seen moderate year-over-year growth, supported by limited supply and consistent interest from local families. Market conditions are expected to remain balanced in the near term.
This ZIP is best suited for families and commuters seeking a quiet, rural lifestyle within a short drive of the state capital's employment hub.
Median prices moved up 4.2% year over year.
Homes spend a median of 58 days on market with 4.6 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 11.8% — 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 6.8%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 65023, Cole 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.
Crime rates in Centertown are generally low and consistent with rural Cole County trends, remaining well below state and national averages.
The area is served by the Cole R-I School District, which maintains a stable reputation for small-town educational outcomes.
The region faces moderate risk from severe thunderstorms and occasional flooding near the Missouri River basin; wildfire risk is generally low.
Economic momentum is driven by proximity to Jefferson City, with limited local commercial development and a focus on residential stability.
Property taxes are assessed by Cole County based on local millage rates, which include funding for school districts and county services.
Commuters primarily drive to Jefferson City, which is approximately 15-20 minutes away via Highway 50.
Local recreation includes access to rural trails, proximity to the Missouri River for fishing, and small community parks.
The rental market is limited in depth, consisting mostly of single-family homes with low turnover and minimal investor-owned multi-family inventory.
The economy is largely supported by the nearby Jefferson City government and healthcare sectors, with a small local base of agriculture and services.
Transportation is heavily reliant on private vehicles, with Highway 50 serving as the primary corridor for regional transit.
There are no major large-scale commercial developments currently approved or under construction within the ZIP code.
The Cole County Assessor maintains property valuations based on biennial reassessment cycles.
Parcels are subject to Cole R-I School District taxes and standard county-level service districts.
Property insurance premiums are stable, though coverage for wind and hail damage remains a standard consideration for homeowners.
Missouri has seen modest net domestic migration gains, with rural areas like Cole County attracting residents from urban centers.
Missouri is a non-judicial foreclosure state, allowing for relatively efficient trustee sales following proper notice.
Missouri law requires sellers to provide a property disclosure statement, though it is limited in scope compared to other states.
Data retrieved from data.census.gov ZCTA profile for 65023.
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.
- Bonkers Columbia4.218.2 mi
- Tiger Bounce4.318.5 mi
- Mizzou Arena4.619.9 mi
- Cooper's Landing Riverside Resort & Marina4.611.6 mi
- Canterbury Hill Winery and Restaurant4.213.7 mi
- Woody's Pub & Grub4.511.4 mi
- Cooper's Landing Riverside Resort & Marina4.611.6 mi
- Binder Park4.66.6 mi
- GQT Capital 84.39.2 mi
- Strikers4.212.8 mi
- Jefferson City Memorial Park4.711.1 mi
- Missouri State Penitentiary4.813.9 mi
- Museum of Missouri Military History4.719 mi
- Missouri State Penitentiary Museum4.713.9 mi
- Missouri State Museum4.713.2 mi
- BoatHenge4.311.7 mi
- Runge Nature Center4.910.1 mi
- Binder Park4.66.6 mi
- Jefferson City Memorial Park4.711.1 mi
- McKay Park4.512.6 mi
- Katy Trail - Hartsburg Trailhead4.85.8 mi
- Eagle Knoll Golf Club4.48.3 mi
- Capital Mall3.79.1 mi
- T.J. Maxx4.39.5 mi
- Dillard's Clearance Center49.2 mi
- Hy-Vee Grocery Store4.49 mi
- Ross Dress for Less4.29.1 mi
- Columbia Regional Airport3.815.1 mi
- Emperor's Shuttle and Taxi Service4.722.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community park providing green space and playground facilities.
Provides regional access for boating and fishing activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.