US5.com
  1. Home
  2. States
  3. Missouri
  4. ZIP 65648
  5. Housing & Real Estate
Fair Grove city, MO

ZIP 65648 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 65648

Median Home Value
$199,300
Median Rent
$753
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,280/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 65648 in Fair Grove city, MO, a household would need roughly $55,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,280. That sits below the local median household income ($83,333), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.1%+30% vs US avg
x
Vacancy Rate
11.4%+11% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
2.6%-83% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
7.5%-85% vs US avg
x
Mortgage-Free
38.0%-1% vs US avg
x
$199,300
Home Value
$753
Rent
1989
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached89.9%
  • 1-unit attached0.7%
  • 2-9 units2.4%
  • 10+ units0.0%
  • Mobile home & other7.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$199,300
Median rent$753
Owner-occupied85.1%
Vacant11.4%
Price-to-income2.4x
Est. income to buy$55,000