65401 — Phelps County, Missouri Market Snapshot
Housing market data for zip code 65401 in Phelps County, Missouri. Updated monthly with median prices, days on market, and more.
Market Sales Data
107 sales in 2026 (year to date)
Median Sale Price
$247,000
Days to Sell
47
Homes Sold
107
Inventory
106
Sale-to-List
97.6%
New Listings
139
Price/SqFt
$140
Pending Sales
139
Conforming Loan Available
Most homebuyers in 65401 can comfortably use conventional financing. The median home price of $247,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
65401's market is balanced with homes taking an average of 47 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 65401 sells for 2.4% below asking price (97.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 65401 can comfortably use conventional financing. The median home price of $247,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 65401 are set at the county level.
2026 Loan Limits — Phelps County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 65401
To purchase the median home at $247,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,042.
Monthly Payment
$2,042
Income Required
$87,533
Principal & Interest
$1,522/mo
Down Payment (5%)
$12,350
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 65401.
Estimated Monthly Payment
$1,679
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