New Madrid County, MO Average Home Price (2026)
The average home price in New Madrid County, Missouri is about $79,000 (the 2026 median across 10 ZIP codes, at ~$66/sq ft) — 68% more affordable than the Missouri median and 73% more affordable than the typical U.S. home.
How New Madrid County compares
New Madrid County is relatively affordable for housing nationally: its typical home costs $79,000 against $245,000 for Missouri and $289,000 for the U.S. Within the county, ZIP-level values run from about $63,000 to $236,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| New Madrid County | $79,000 | $66 |
| Missouri | $245,000 | $159 |
| United States | $289,000 | $193 |
New Madrid County home prices by ZIP code
The 10 most valuable ZIP codes in New Madrid County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 63833 Catron | $236,000 | $124 | +199% |
| 63867 Matthews | $121,000 | $64 | +53% |
| 63869 New Madrid | $120,000 | $100 | +52% |
| 63873 Wardell | $119,000 | $67 | +51% |
| 63848 Gideon | $81,000 | $68 | +3% |
| 63868 Morehouse | $77,000 | $48 | -3% |
| 63870 Parma | $73,000 | $54 | -8% |
| 63874 Risco | $69,000 | $88 | -13% |
| 63866 Marston | $65,000 | $34 | -18% |
| 63862 Lilbourn | $63,000 | $57 | -20% |
Home value appreciation in New Madrid County
Home prices in New Madrid County have risen about 58% over the last 10 years (≈4.7% a year) and +74.3% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.6% — still rising. A home worth $79,000 today was worth roughly $49,905 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Missouri is +88.2% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for New Madrid County
Run the numbers for New Madrid County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in New Madrid County
To buy the typical $79,000 home in New Madrid County with 20% down, you need a household income of roughly $21,000 a year (about $500 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $26,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $4,000 | $620/mo | $27,000/yr |
| 10% (+PMI) | $7,900 | $600/mo | $26,000/yr |
| 20% | $15,800 | $500/mo | $21,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in New Madrid County
At about $66 per square foot, here is roughly how much home different budgets get you in New Madrid County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 2270 sq ft | above the median — larger homes or the pricier ZIPs |
| $200k | 3030 sq ft | above the median — larger homes or the pricier ZIPs |
| $250k | 3790 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 4550 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Missouri.
Estimate a specific home in New Madrid County
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New Madrid County home prices: frequently asked
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Browse all Missouri cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.