Land and home values in New Madrid County, Missouri
New Madrid County (rural) covers 675 square miles and 6 census tracts. Residential land is about $1.67 per sq ft at the county median, from $0.89 in its most rural tracts to $2.83 in its most valuable. The typical home is worth about $131,000 and a 2-bedroom rents for about $905 a month, as of October 12, 2026.
Open on the satellite mapAll of MissouriCounty values
| Land: residential | $1.67 | per sq ft |
| Land: residential | $72,571 | per acre |
| Land: quarter-acre lot | $18,143 | 10,890 sq ft |
| Land: farmland | $8,240 | per acre |
| Home: typical (median) | $131,000 | value |
| Home: entry-level | $78,900 | lower quartile |
| Home: upper-end | $238,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $695 | per month |
| Rent: 2-bedroom | $905 | per month |
| Rent: 3-bedroom | $1,100 | per month |
| Rent: 4-bedroom | $1,200 | per month |
| Gross yield, 2-bed | 8.3% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Small town | 1 | $1.67 | $166,000 | $905 |
| Rural | 2 | $2.83 | $153,000 | $865 |
| Farmland | 3 | $1.10 | $81,100 | $900 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Matthews | Town | $2.24 | $117,000 |
| Morehouse | Town | $2.02 | $60,300 |
| New Madrid | Town | $2.00 | $137,000 |
| North Lilbourn | Town | $1.69 | $123,000 |
| Lilbourn | Town | $1.69 | $61,700 |
| Howardville | Town | $1.62 | $58,300 |
| Portageville | Town | $1.43 | $164,000 |
| Canalou | Town | $1.37 | $34,500 |
Questions people ask
How much is land worth in New Madrid County, MO?
Residential land in New Madrid County, MO is about $1.67 per square foot, or $72,571 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $18,143. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in New Madrid County, MO?
The typical (median) home in New Madrid County, MO is worth about $131,000, with entry-level homes around $78,900 and upper-end homes around $238,000, as of October 2026.
How much is rent in New Madrid County, MO?
A 2-bedroom rents for about $905 a month in New Madrid County, MO, a 1-bedroom about $695 and a 3-bedroom about $1,100 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in New Madrid County, MO?
Farmland averages about $8,240 an acre in New Madrid County, MO (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.