New Madrid, Missouri.
Typical home $114,354 (+3.5% in a year).
to buy the typical home at today's mortgage rate — +$322 (+115%) since Jan 2020.
- 1 year
- Up $3,822 +3%
- $110,532$114,354 since Sep 2025
- 5 years
- Up $27,671 +32%
- $86,683$114,354 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Madrid$600
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in New Madrid, MO rose 3.5% over the past year — faster than the nation's +1.2%.
Living in New Madrid, New Madrid County, Missouri
New Madrid is a city of 2,787 people in New Madrid County. 60% of its homes are lived in by their owners and 40% are rented. Unemployment in New Madrid County was 5.0% in August 2026, and the county had 1.3% fewer jobs in 2025 than the year before. The most people in New Madrid County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Madrid is a small river city in the Missouri Bootheel, with a population that keeps the place close-knit. Its residents are of middle age, and most homes are lived in by their owners. Homes cost less than in much of the country, and a four-year degree is held by a smaller share of adults than is typical nationally. Winters are cold but not severe, summers are hot, and the year brings a fair amount of rain and melted snow.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops, and transport and warehousing also employing a good number. Across New Madrid County, the largest workplaces include SRG Global Coatings, Moss & Associates and the New Madrid Co. R-I Schools. Commutes are short, and almost no one works from home. Unemployment across the county has eased somewhat over the past year, though the county has fewer jobs than it did the year before.
Things to do. Hunter-Dawson State Historic Site is a protected historic place in or beside town. A longer drive brings you to Reelfoot Lake, a lake with its own state park, and to Big Oak Tree State Park, another protected area. Discovery Park of America is a museum a longer drive away as well.
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- 1,156households
- 20%of adults have a degree
- 12%below the poverty line
- 17 mintypical commute
- 0%work from home
What people in New Madrid County work in
Employed residents by industry, from the Census survey. New Madrid County had 7,405 jobs in 2025, 1.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 44° and lows near 28°; warmest in July, with highs near 90° and lows near 71°. About 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the New Madrid weather station, a mile away (NOAA).
Largest workplaces in New Madrid County
- SRG Global CoatingsChrome plating metals and metal products for the trade329
- Moss & AssociatesSolar power structure construction208
- New Madrid Co. R-I SchoolsSchool district201FTE
- Associated Electric Cooperative Inc. New Madrid Power PlantPower generation, fossil fuel, electric178
- Alubar Metals MissouriCommunications wire or cable made in aluminum wire drawing plants138
- S&J Potashnick TransGeneral freight trucking, long-distance, truckload104
- Refresco BeveragesCarbonated soft drinks manufacturing101
- Portageville SchoolsSchool district92FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 15 workplaces with 20 or more staff, 1,482 people in all across the county; New Madrid has one of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesVery high
- Heat wavesVery high
- Ice stormsRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in New Madrid’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on New Madrid County.
New Madrid home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Madrid$114,354
- Missouri$265,387
- United States$366,157
Sellers are cutting prices on about 1 in 4 New Madrid listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- New Madrid16
Zip codes with a New Madrid address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Madrid — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.