Mountain Grove, MO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Mountain Grove short-term rental market based on reliable data.

Listings

32 / 47

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$17,607

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$200,132

Median Home Sale Price

Top Earners

$34,122

Top-Earners Revenue

Mountain Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Mountain Grove.

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C

Challenging to Investors

Mountain Grove Regulations

Mountain Grove explicitly allows STRs citywide (excluding PD and Industrial) with a defined permitting pathway, but imposes a block‑face density cap (1 STR per 8 residential structures; limited eligibility on short block faces) and requires a Certificate of Occupancy, annual business license, and STR permit at a fee indicated at $350, plus tax compliance—creating strict quotas, moderate cost/complexity, and some regulatory ambiguity that raise investor risk.

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About Mountain Grove

Mountain Grove is a small city in south-central Missouri, located in Wright County in the heart of the Ozarks. The community has a population of approximately 4,500 residents and embodies the rural, small-town character of the region, with working farms, hardwood forests, and a strong sense of Ozark heritage. The town lies about 60 miles east of Springfield, the nearest major city, and serves as a quiet gateway to the surrounding national forest, spring-fed rivers, and outdoor recreation that draw visitors to this part of the state.

Surrounding the area, Mark Twain National Forest spreads across more than a million acres of oak-hickory woodlands, providing opportunities for hiking, camping, hunting, and scenic drives through the Ozark hills. Trailheads and recreation areas are reachable within roughly 20 to 30 minutes of Mountain Grove, making the forest a natural extension of any visit to the area and one of the largest publicly owned tracts of land in Missouri.

To the north, Montauk State Park sits about 35 miles away near the headwaters of the Current River. The park is one of Missouri's most popular trout-fishing destinations, with cold spring water that supports rainbow and brown trout year-round. Cabins, a campground, and a restaurant make it a favorite for families and anglers, particularly in the spring and fall seasons when the weather is mild and the streams are stocked.

The region also offers a taste of traditional Ozark culture, with antique shops, country music venues, and historic mill sites scattered through the surrounding countryside. Small neighboring towns like Cabool and Willow Springs add to the sense of stepping back from the pace of larger Midwestern cities, each with their own mom-and-pop diners and community events. Together, the combination of natural beauty, outdoor recreation, and unhurried small-town character makes Mountain Grove an appealing base for travelers seeking a quieter, more scenic corner of the Ozarks, well within reach of the major population centers of the region but far from the bustle of urban life.

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