New Madrid County, MO Housing

The housing market in New Madrid MO County is very strong. The median value of a house in the county is $97,900 which is significantly lower than the US median value of $338,100. Despite this gap in values, the US 1 year house appreciation rate is 8.27%, while the New Madrid County has seen an even higher appreciation rate of 15.13%. This shows that New Madrid County is a great place to invest in real estate and could be a great place to call home.

The median home cost in New Madrid County is $97,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in New Madrid County is up 17.1%.

Average Age of Homes

- The median age of New Madrid County real estate is 43 years old

The Rental Market in New Madrid County

- Renters make up 33.3% of the New Madrid County population
- 1.3% of houses and apartments in New Madrid County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Madrid, Missouri	United States
	7,956.0	139,647,020.0
	46	42
	$97,900	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$7.31	$10.98
	$623	$2,690
	55.8%	57.4%
	14.3%	11.2%
	29.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	11.6%	4.1%
Value of Owner-Occupied Housing
	9.6%	2.6%
	10.7%	2.4%
	10.5%	2.8%
	16.7%	3.9%
	7.8%	4.5%
	18.6%	11.3%
	16.0%	13.0%
	8.5%	20.1%
	1.3%	13.6%
	0.1%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	12.4%	13.6%
	14.0%	13.2%
	24.0%	14.8%
	12.4%	13.6%
	9.4%	10.0%
	6.8%	4.7%
	8.8%	12.2%

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