65740, Rockaway Beach, MO

The 65740 zip code of Rockaway Beach, MO is located in the southeastern corner of the state and includes a mix of suburban and rural areas. The median home value in this zip code was $139,900 as of September 2017. This is lower than the Missouri median home value of $157,600 but higher than the national median home value of $127,200.

Rockaway Beach has seen a modest increase in home values over the past few years. The average increase from 2016 to 2017 was 2.5%. However, this rate is much slower than the statewide average growth rate of 5.2% during that time period.

One possible explanation for this slower growth may be that many homes in Rockaway Beach are already priced high relative to other areas in Missouri and nationwide. Additionally, there is a limited number of homes available for sale in this zip code which could also contribute to increased prices over time.

Despite these factors, Rockaway Beach homeowners have seen their property values continue to grow at a steady pace over recent years thanks largely to an influx of new residents and investment activity within the area. As long as current market conditions remain stable or improve, it seems likely that homeownership rates and home values will continue to rise in this zip code over time