Crawford County presents a yield-versus-durability tension: the supplied Zillow county reading puts median home value at $171,543 after 6.44% year-over-year growth, while FHFA’s separate annual repeat-transaction index rose 3.95%. This is a county for operators willing to verify property-level income and condition, not buyers relying on a single appreciation narrative. The measures point in the same direction but use different methods and vintages; FHFA is not a dollar home value, and neither establishes a closed-sale value for a subject property.
Median asking rent is $901 per month and supports the published 6.30% gross yield before vacancy, repairs, insurance, financing or tax. It is measured market rent; the $973 HUD two-bedroom FMR is a payment standard, not an asking-rent estimate, although market rent equals 92.60% of that benchmark. Carrying costs warrant direct parcel review: the effective property-tax rate is 1.35%, with median annual tax of $2,064. The record does not publish operating expenses, insurance quotes, vacancy or cap rates, so net yield cannot be underwritten.
Labor evidence is mixed. QCEW annual average covered jobs at county workplaces declined 0.29%; the average weekly covered-worker wage was $1,009, and Manufacturing, the largest disclosed private supersector, represented 27.31% of private covered employment. On Realtor.com’s MLS listing market, 135 active listings, 48 median marketing days, and a 15.41% price-reduced share describe visible supply, marketing time and seller concessions—not sales or buyer demand. Tax-return migration showed a net loss of 59 households, with arriving movers reporting lower average income than departing movers. Investor mortgages represented 6.69% of 568 purchases, limiting this measure to mortgage-recorded non-occupant participation.
Inland flood is the dominant hazard; the modeled annual building-value loss ratio is 0.10%, a county-level model rather than site-specific flood exposure. That risk shifts diligence toward flood zone, elevation, prior losses, policy availability and insurance pricing. Missing closed-sale comparables, property-level rent rolls, operating costs, insurance and flood-history data prevent a conclusion on net cash flow, replacement cost, resale liquidity or asset-level climate exposure. Confirm lease comps, parcel tax assessments, flood disclosures and financing terms before treating county signals as property economics.