The story of this market
The typical home in ZIP 65401 sells for about $248,000, or $155 per square foot.
Prices are up +18.1% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $865 a month.
ZIP 65401 — Rolla
The Rolla housing market shows moderate competitiveness with a median price of $248,000. Year-over-year price growth is significant, though specific inventory and sales volume metrics remain limited or preliminary. The market is largely driven by the local university and regional economic stability.
This ZIP is suitable for families, university-affiliated individuals, and those seeking a regional hub with access to higher education and outdoor amenities.
Median prices moved up 18.1% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 65401, Phelps County MO
Rolla serves as a regional hub for education and industry, anchored by the Missouri University of Science and Technology.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Missouri) — Occupancy Law Property Tax Proration: Allows for the assessment and taxation of newly constructed residential property starting the first month following occupancy, and pro rata removal from tax rolls for improvements destroyed by natural disaster. State (Missouri) — Residential Property Tax Assessment: Residential property is assessed at 19% of its true market value. The formula is: (Market Value * 0.19) * Local Tax Rate = Annual Tax Liability.
The area is primarily car-dependent with access to I-44 providing regional connectivity.
The area features local parks and proximity to outdoor recreation in the Mark Twain National Forest.
The rental market is influenced by the student population, with 2-bedroom units being the most common inventory.
The economy is driven by higher education, healthcare, and regional retail services.
Data sourced from US Census Bureau ZCTA profiles and local market reports.
Major regional anchor institution.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.