The story of this market
The typical home in ZIP 65048 sells for about $185,000, or $115 per square foot.
Prices are up +8.86% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 65048 — Koeltztown
The housing market in 65048 remains stable with modest year-over-year price growth and balanced inventory levels. Market activity is driven by local demand for affordable single-family homes, though limited new construction keeps supply tight. Figures for specific metrics like price cuts and exact months of supply are based on regional trends as ZIP-specific data is not currently published.
This area is well-suited for families and individuals seeking affordable housing options, a quieter suburban-rural lifestyle, and those who prefer a lower cost of living compared to major metropolitan centers.
Median prices moved up 8.9% year over year.
Homes spend a median of 48 days on market with 4.2 months of supply — a fast-moving market.
19% 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 0.0% · poverty 0.0% — 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 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 5.3%/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 65048, Miller 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 the area are generally consistent with regional averages for similar suburban-rural Missouri communities, with property crime being the primary reported concern.
Schools serving the area are part of local districts that generally meet state accreditation standards, though performance varies significantly by specific school site.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near water bodies.
Economic momentum is driven by local retail, small-scale manufacturing, and proximity to regional employment hubs, with steady but modest residential development.
Property taxes are assessed at the county level based on fair market value, with rates determined by local school district, municipal, and county levies.
Commuting typically requires personal vehicle use, with residents often traveling to nearby employment centers via state highways.
The area offers access to outdoor recreation including local parks, proximity to regional lakes for boating and fishing, and basic community shopping centers.
The rental market is characterized by moderate demand, primarily consisting of single-family homes and small apartment complexes with limited turnover.
The local economy is anchored by tourism, retail trade, and services, with many residents commuting to larger nearby cities for professional employment.
Transportation is heavily reliant on private vehicles; public transit options are extremely limited or non-existent in this rural-suburban geography.
Development is primarily focused on small-scale residential infill and commercial expansion along main thoroughfares.
The county assessor's office conducts periodic property valuations to determine tax assessments based on market trends.
Parcels are subject to local school district taxes and may fall within specific fire protection or utility districts.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure common in the Midwest.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Canterbury Hill Winery and Restaurant4.219.9 mi
- Osage View412.2 mi
- Painted Rock Conservation Area4.87.3 mi
- Missouri State Penitentiary4.817.9 mi
- Museum of Missouri Military History4.714.5 mi
- Missouri State Penitentiary Museum4.717.8 mi
- Missouri State Museum4.718.5 mi
- Painted Rock Conservation Area4.87.3 mi
- Osage View412.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major regional destination for boating, fishing, and tourism.
Provides basic recreational facilities and green space for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.