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18662 Norway Rd, Neosho, MO, 64850

3beds
2baths
1,198sqft
$120,000
$100price/sqft
$920/moest. monthly cost
$36,800/yrincome needed

About This Home

Welcome to this fully renovated home in Neosho, Missouri, offering a blend of modern updates and a peaceful country setting with convenient access to major commuting routes. Located just minutes from Highway 49 and Missouri Route 86, this property provides easy travel to Joplin, Northwest Arkansas, and surrounding Southwest Missouri communities, making it a highly accessible location for daily commutes and long-term rental demand. This 3-bedroom, 2-bathroom home features a thoughtfully updated interior with modern finishes, including new flooring, refreshed paint, updated kitchen cabinetry, and efficient mini-split systems. The single-level layout offers functional living space with an open feel, making it well-suited for a variety of living arrangements. Positioned on approximately half an acre outside city limits, the property offers a quiet, rural atmosphere with room to enjoy outdoor space while still being within a short drive to Neosho amenities, dining, and shopping. The location provides convenient access to several area employers and economic hubs, including La-Z-Boy, Leggett & Platt, Tyson Foods, and the broader Joplin employment corridor, as well as continued connectivity to Northwest Arkansas via Highway 49. With its combination of updates, location, and accessibility, this property presents a strong opportunity for those seeking a move-in ready home or exploring rental potential in a growing Southwest Missouri market known for steady housing demand and commuter convenience. Serving SW Missouri | NW Arkansas | NE Oklahoma | SE Kansas

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

7/10
Triway CampusGrades PK-88.6 mi
4/10
East Newton High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Rock

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Vinyl
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,198

Interior Area

  • Total structure area: 1,198
  • Total interior livable area: 1,198 sqft

Property

Details

  • Parcel number: 15827000000008000

Features

  • Patio & porch: Covered,Deck
  • Fencing: None
  • Topography of land: Sloping
  • Residential vegetation: Mostly Wooded

Lot

  • Lot size dimensions: .50+/-

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Ice Storm
Heat Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Hail
Lightning

FEMA Declared Disasters Across Missouri Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$111$1,332
Property Taxes $62$744
Electricity $141$1,693
Total$920$11,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,542/yr
40% on housing$27,600/yr
45% on housing$24,533/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 64850$143
Newton County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 64850$143
Newton County$133

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-18Price change$135,000
2026-03-21Listed for sale$154,000
2026-03-01Listing removed$139,900
2025-12-21Listed for sale$139,900
2025-12-09Pending sale$139,900
2025-12-03Listed for sale$139,900
2025-11-26Pending sale$139,900
2025-11-20Listed for sale$139,900
2025-10-20Pending sale$139,900
2025-09-16Price change$139,900
2025-08-28Listed for sale$149,900
2025-08-12Listing removed$149,900
2025-07-07Price change$149,900
2025-07-03Price change$154,900
2025-05-16Price change$159,900
2025-04-14Price change$164,900
2025-02-05Listed for sale$169,000

For Sale by Agent

AgentVenture Group Real Estate
BrokerageVenture Group Real Estate

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