Fastest-Appreciating ZIP Codes in Lebanon, MO (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 65632 Conway, MO $266,617 $828 2.42% 7.7%
2 65470 Falcon, MO $294,177 $873 2.31% 6.9%
3 65662 Grovespring, MO $247,291 $819 2.58% 6.7%
4 65536 Lebanon, MO $232,328 $946 3.18% 6.6%
5 65722 Phillipsburg, MO $245,769 $801 2.54% 6.0%
6 65567 Stoutland, MO $204,927 $801 3.05% 2.4%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Lebanon, MO  ·  Affordable in Lebanon, MO

Or see the full Lebanon, MO metro profile.