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55224 Buffalo Ln, New London, MO, 63459

1beds
1baths
650sqft
$85,000
$131price/sqft
$681/moest. monthly cost
$27,240/yrincome needed

About This Home

If you're looking for country living but only a few minutes drive from town, look no further. This property is only 2.5 years old. Being sold "as is". You can put your finishing touches on this property to make it a cute, cozy little piece of heaven. It is 4.5 acres of open ground with TWO ponds. Property is priced to sell. Sellers' dreams were of building a forever home on the property, but because of family situation, have to abandon their dreams. Don't miss out on this opportunity. This is the time to take advantage of the situation. These properties only come along once in awhile. Don't miss out. Schedule your private showing today.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

5/10
6/10
7/10

Construction

Condition

  • Year built: 2023

Materials

  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area above ground: 650

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 650
  • Total interior livable area: 650 sqft

Property

Details

  • Parcel number: 080.7350000005.03000
  • Special condition: Listing As Is

Features

  • Levels: One

Lot

  • Lot size: 4.50 Acres
  • Features: Cleared,Natural Foliage

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

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Missouri Counties

Flood

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 $429$5,148
Home Insurance *$66$792
Property Taxes $45$540
Electricity $141$1,693
Total$681$8,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,348/yr
40% on housing$20,430/yr
45% on housing$18,160/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: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 63459$162
Ralls County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 63459$108
Ralls County$134

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
2026-08-07Price change$80,000
2026-07-26Listed for sale$85,000
2026-07-23Contingent$85,000
2026-06-30Listed for sale$85,000

For Sale by Agent

AgentTracie Fleetwood
BrokerageDavis & Associates, REALTORS

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