The story of this market
The typical home in ZIP 63461 sells for about $269,000, or $181 per square foot.
Prices are up +12.5% from a year ago, so sellers still have some momentum. Homes take about 29 days to sell, which is fast.
ZIP 63461 — Palmyra
The housing market in 63461 is characterized by extremely low inventory, with only two active listings currently available. Market metrics such as months of supply and specific tax or school data are not determinable at the ZIP level. Current activity shows a high rate of price reductions on the limited available stock.
Median prices moved up 12.5% year over year.
Homes spend a median of 29 days on market with 1.0 months of supply — a fast-moving market.
100% of listings have cut prices · homes sell at 96.5% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.8% — a stable, low-distress profile.
ZCTA 63461
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Missouri) — Occupancy Law Property Tax Proration: Allows for the assessment and taxation of newly constructed residential property starting the first month following occupancy, and pro rata removal from tax rolls for improvements destroyed by natural disaster. State (Missouri) — Residential Property Tax Assessment: Residential property is assessed at 19% of its true market value. The formula is: (Market Value * 0.19) * Local Tax Rate = Annual Tax Liability.
Data retrieved from ZCTA 63461 census profiles.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.