Renter percentages in Winston have been relatively low, ranging from 7% to 15% between 2013 and 2022. The average rent prices have shown some fluctuation over this period. In 2013, the average rent was $963, which increased to $993 in 2014. However, there was a slight decline in subsequent years, with the average rent dropping to $924 in 2018. Since then, there has been a gradual increase, reaching $979 in 2022. These changes in rent prices appear to have a loose inverse relationship with homeownership rates, as years with higher homeownership tend to show lower renter percentages.

Looking at the most recent data, the average home price in zip code 64689 was $186,034 in 2023 and increased to $193,370 in 2024, showing a growth of about 3.9% year-over-year. This increase occurred despite the federal interest rate rising from 5.02% in 2023 to 5.33% in 2024, suggesting a strong local housing market that has remained resilient in the face of higher borrowing costs.

Applying predictive models to forecast 5-year trends, we anticipate that average home prices in Winston will continue to rise moderately. Based on the recent growth rate, we project that by 2029, average home prices could reach approximately $210,000 to $220,000. For rent prices, considering the historical fluctuations and recent upward trend, we estimate that average rents could increase to around $1,050 to $1,100 per month by 2029.

In summary, Winston (zip code 64689) demonstrates a strong preference for homeownership, with consistently high owner-occupancy rates. The housing market has shown resilience and growth, with average home prices increasing despite rising interest rates. Rent prices, while fluctuating, have also shown an overall upward trend. These trends, combined with the area's stable population, suggest a continued robust housing market in this rural Missouri community for the foreseeable future.