The story of this market
The typical home in ZIP 65732 sells for about $249,900, or $148 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $577 a month.
ZIP 65732 — Preston
The housing market in 65732 is characterized by low inventory and slow turnover, typical of a rural, recreation-focused area. Prices have seen modest year-over-year growth, driven by demand for lake-adjacent properties, though the overall volume of sales remains very low. Market conditions are stable with little speculative development activity.
This ZIP is best suited for retirees, outdoor enthusiasts, and those seeking affordable rural living near recreational water amenities, rather than urban commuters.
Median prices moved up 4.2% year over year.
Homes spend a median of 26 days on market with 6.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.8% · poverty 25.7% — a mixed stability 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 9.0%/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 8.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 65732, Hickory 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.
Schools serving the area are primarily managed by the Hickory County R-I School District, which generally maintains rural-district performance standards.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized near Pomme de Terre Lake.
Economic momentum is driven by tourism and recreation associated with Pomme de Terre Lake, with limited large-scale industrial or corporate development.
Property taxes are assessed by Hickory County based on local millage rates; there are no special municipal income taxes, though specific school district levies apply.
Commuting is primarily car-dependent, with residents typically driving to nearby employment hubs in Buffalo or Springfield.
The area is anchored by Pomme de Terre State Park, offering extensive boating, fishing, and hiking opportunities, with basic local shopping available in Preston.
The rental market is limited and primarily composed of single-family homes or seasonal lake-area properties, with low turnover and minimal multi-family inventory.
The local economy is heavily reliant on tourism, agriculture, and small-scale retail services.
No major large-scale commercial or residential developments are currently reported for this rural ZIP code.
Parcels are subject to Hickory County R-I School District taxes and standard county-level emergency service district levies.
Property insurance premiums are influenced by rural fire response times and regional exposure to severe weather events.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Major regional attraction for boating, fishing, and camping.
Primary water recreation anchor for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.