Pierce City, MO 65723 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pierce City, MO—65723

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$208,000

4.1% YoY Growth

Household Income

$49,500

18.8% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$685

1.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$685

3.6% YoY Growth

3-Bed Rent

$725

N/A

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	$208,000	4.1%
Single Family	$208,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

1 Bedroom

10.0%

2 Bedrooms

52.4%

3 Bedrooms

33.9%

4 Bedrooms

3.8%

Property Listings — Pierce City, MO

As of Nov '25, Realtor.com reports that the median days on market for a home in Pierce City, MO is 85. This is a decrease of -2.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$200,000	-32.0%
Listing Count	18	-4.0%
Listings as % of Homes	0.9%	-4.0%
Days on Market	85	-2.0%

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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%

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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%

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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%

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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

Pierce City, MO—65723

Key Metrics at a Glance

Home Price Trends — Pierce City, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pierce City, MO

% of Rental Stock

Property Listings — Pierce City, MO

Demographics — Pierce City, MO

Race and Ethnicity

Mortgage and Risk — Pierce City, MO

Mortgages

Rentals and Section 8 — Pierce City, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Pierce City, MO

Home Price to Income Ratio

Pierce City, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Wentworth, MO

Stark City, MO

Sarcoxie, MO

Fairview, MO

Granby, MO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$208,000
Median Household Income	$49,500

Pierce City, MO—65723

Key Metrics at a Glance

Home Price Trends — Pierce City, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pierce City, MO

% of Rental Stock

Property Listings — Pierce City, MO

Demographics — Pierce City, MO

Race and Ethnicity

Mortgage and Risk — Pierce City, MO

Mortgages

Rentals and Section 8 — Pierce City, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Pierce City, MO

Home Price to Income Ratio

Pierce City, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Wentworth, MO

Stark City, MO

Sarcoxie, MO

Fairview, MO

Granby, MO

Frequently Asked Questions

What is the average home price in Pierce City, MO 65723?

How have home prices in Pierce City, MO 65723 changed over the past year?

What is the home price projection for Pierce City, MO 65723?

What are the demographics of Pierce City, MO 65723?

How long does it take homes to sell in Pierce City, MO 65723?

What is the average rent price in Pierce City, MO 65723?