Pierce City, MO—65723
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pierce City, MO
Pierce City, MO lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 4.7% |
| Single Family | $206,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $145,000 | 5.8% |
3 Bed | $233,000 | 3.6% |
4 Bed | $282,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pierce City, MO
As of July '25, Rentcast reports the average rent in Pierce City, MO is $688, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Pierce City, MO is 2-bedrooms: $675, 3-bedrooms: $725. The most common rental property sizes in Pierce City, MO are 2-bedroom and 3-bedroom, accounting for 52.4% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $685 | $688 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $685 | $675 |
| 3 Bed Rent | $725 | $725 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pierce City, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Pierce City, MO is 70. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -30.0% |
Listing Count | 17 | 12.0% |
| Listings as % of Homes | 0.9% | 12.0% |
Days on Market | 70 | -30.0% |
Demographics — Pierce City, MO
As of the latest ACS Survey released in 2023, Pierce City, MO has a population of 3,090, which has decreased by -8.2% over the past 5 years. Pierce City, MO is a popular place for families, as children make up 31.3% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,090 | -8.2% |
% Under 18 | 31.3% | 21.8% |
% Seniors | 14.7% | -17.4% |
% WFH | 9.6% | 200.0% |
% w/ College Degree | 15.1% | 20.8% |
As of the latest ACS Survey released in 2023, Pierce City, MO is a predominantly white area, with 70.8% of the population identifying as white. The white population has shrunk by 14.4% in the last 5 years. The second most common race or ethnicity in Pierce City, MO is hispanic, making up 8.1% of the population. Foreign-born residents account for 5.6% of the population in Pierce City, MO, and this percentage has increased by 600.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.8% | -14.4% |
% Black | 0.1% | ∞% |
% Hispanic | 8.1% | -15.6% |
% Asian | 4.0% | 81.8% |
% Foreign Born | 5.6% | 600.0% |
Mortgage and Risk — Pierce City, MO
According to HUD data as of 2023, there were 47 mortgage originations in Pierce City, MO, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Pierce City, MO. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Pierce City, MO
Pierce City, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | $155 | $685 | $840 |
| 3 Bedroom | $405 | $725 | $1,130 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Pierce City, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $206,000 |
| Median Household Income | $49,500 |