The story of this market
The typical home in ZIP 65632 sells for about $272,000, or $145 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $584 a month.
ZIP 65632 — Conway
The housing market in 65632 is characterized by low sales volume and high vacancy rates, reflecting its rural nature. While prices have trended upward over the last decade, the market remains affordable compared to regional urban centers, with limited new development activity.
This ZIP is best suited for local families and individuals seeking affordable rural living who are comfortable with a car-dependent lifestyle and proximity to smaller regional employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 13.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 65632, Laclede County MO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Conway area are generally low and consistent with rural Laclede County trends, though specific localized data is limited.
Schools serving the area are primarily part of the Laclede County R-I School District, which provides standard rural educational services.
The area is subject to typical Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas.
Economic momentum is modest, driven primarily by local agriculture, small-scale retail, and proximity to regional employment hubs in Lebanon and Springfield.
Property taxes are assessed at the county level by Laclede County, with rates determined by local school district and municipal levies.
Commuting is primarily car-dependent, with residents typically driving to Lebanon or Springfield for major employment opportunities via I-44.
Recreational opportunities include access to rural outdoor spaces, local parks, and proximity to the Ozark region's lakes and trails.
The rental market is characterized by high vacancy rates and limited inventory, making it a challenging environment for investors seeking high cash flow.
The local economy is anchored by agriculture and small-scale manufacturing, with many residents commuting to larger nearby cities for employment.
Transportation is almost exclusively via private vehicle, with I-44 serving as the primary artery for regional travel.
There are no major large-scale commercial or residential developments currently reported for this rural ZIP code.
Laclede County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to Laclede County R-I School District taxes and standard county-wide service districts.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure common in the Ozarks.
Data retrieved from US Census Bureau ZCTA 65632 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- B&B Lebanon Ritz 8 Theatre4.214.3 mi
- Hidden Waters Nature Park4.712.7 mi
- Hubble Telescope Replica Statue4.712.6 mi
- Route 66 Museum4.514.3 mi
- Hubble Telescope Replica Statue4.712.6 mi
- Hidden Waters Nature Park4.712.7 mi
- Harke Park4.612.3 mi
- Whispering Oaks Golf Course4.311.4 mi
- World's Largest Gift Store4.54.1 mi
- Heartland Antique Mall4.512.5 mi
- Bomgaars4.312.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.