64011, Bates City, MO

The 64011 zip code of Bates City, Missouri is located in the northwest corner of the state. The zip code has a population of just over 2,000 people and an average household income of just over $50,000. Home values in this zip code have increased significantly over the past several years, with the median home value increasing by almost 50%. This increase can be largely attributed to strong demand from buyers and limited supply of homes available for sale.

The majority of homes in this zip code are single-family dwellings. There are a few multifamily units available, but they are relatively rare. The majority of homes in this area were built between 2000 and 2009. This is likely due to the strong demand for housing in this area and the fact that many homeowners were able to refinance their mortgages at a lower interest rate during this time period.

There is significant competition for homes in this zip code, which has resulted in prices that are well above average compared to other areas of Missouri. The median home value in this area is $161,500, which is more than double the statewide median home value of $76,600. Despite these high prices, there is still plenty of room for buyers who are willing to put up some extra money down (the average mortgage debt for homes in this zip code is just under $20000).