The story of this market
The typical home in ZIP 65644 sells for about $250,000, or $169 per square foot.
Prices are down 7.2% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $756 a month.
ZIP 65644 — El Dorado Springs
The Fair Grove housing market is currently experiencing a period of price stabilization following recent volatility. While some sources indicate a year-over-year decline in median prices, others show modest growth, reflecting a small, localized market with limited inventory. Demand remains steady, driven by its appeal as a commuter-friendly residential area.
Fair Grove is ideal for families and individuals seeking a quiet, small-town atmosphere while maintaining access to the amenities and employment opportunities of the nearby Springfield metro area.
Median prices moved down 7.2% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.7% · poverty 16.7% — 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 6.2%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 65644, Greene 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.
Fair Grove generally experiences low crime rates consistent with small-town Missouri, with reported incidents remaining well below regional urban averages.
The area is served by the Fair Grove R-X School District, which is generally well-regarded for its community-focused educational environment and consistent performance metrics.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity, with flood risks primarily localized to specific low-lying areas near streams.
Economic momentum is driven by its proximity to the Springfield metropolitan area, serving as a growing residential hub for commuters seeking a rural-suburban lifestyle.
Property taxes are assessed at the county level by Greene County, with rates determined by the combined levies of the school district, county, and local municipal entities.
Residents primarily commute by car, with an average travel time of approximately 24.6 minutes to reach employment centers in Springfield.
The area features local community parks and is within short driving distance of outdoor recreational opportunities, including fishing and hiking areas in the Ozarks.
The rental market is characterized by limited inventory and steady demand, with a significant portion of the housing stock being owner-occupied.
The local economy is largely supported by small businesses, agriculture, and the broader Springfield regional labor market.
Transportation is heavily reliant on private vehicle use, with access to major regional highways facilitating travel to Springfield.
Development is primarily focused on low-density residential expansion to accommodate population growth.
Greene County Assessor manages property valuations based on annual market assessments.
Parcels are subject to Fair Grove R-X School District levies and standard county-wide service districts.
Property insurance premiums are influenced by regional exposure to severe weather events common in Southwest Missouri.
Data sourced from DataUSA and US Census Bureau profiles.
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.
Community park offering green space and recreational facilities.
A historic site that serves as a local cultural anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.