Groundwork

Real estate · Small-town market · Missouri

Real estate businesses in the Hannibal, MO area

The real estate businesses in the Hannibal, MO area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 41 out of 100: Lower middle

Ranked #376 of 536 scored small-town markets
#5 of 17 scored small-town markets based in Missouri

Listings
32
2 chain locations (6%)
Official establishments
13
Businesses with payroll, 2023
Household spending a year
$196.1M
On rent and homeowner costs · $12,825 a household
Housing spending per listing (U.S. = 100)
141
41% above the U.S.
Listings per 10k households
20.9
46% below the U.S.
Population, 2025
38,969
+0.4% since 2020

See the real estate businesses around any address in the Hannibal area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Hannibal area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 32 real estate businesses in the Hannibal area. Chain locations make up 6% of them, against 6% across the U.S. That comes to 20.9 for every 10,000 households, 46% below the U.S. rate of 38.5.

Household spending on rent and homeowner costs in the Hannibal area comes to about $196.1M a year: $12,825 per household, 23% below the U.S. average. Housing spending per office is 41% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

Official counts show 13 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Hannibal area in 2023. That is one for every 1,176 households, against one for every 414 across the U.S. Official counts list 139 one-person businesses without payroll.

Population estimates show the Hannibal area grew 0.4% from 2020 to 2025, slower than the U.S. (+3.1%). The Groundwork market score for real estate businesses in the Hannibal area is 41 (lower middle), #376 of 536 scored small-town markets and #5 of 17 scored small-town markets based in Missouri.

How the Hannibal area compares

The same measures for Missouri and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Hannibal, MO area compared with Missouri and the U.S.
MeasureHannibal areaMissouriU.S.
Listings per 10k households20.932.938.5
Housing spending per listing (U.S. = 100)14197100
Households per official establishment1,176540414
Official establishment growth, 2019–2023n/a+15.3%+15.8%
Population growth, 2020–2025+0.4%+1.9%+3.1%
Spending per household on rent and homeowner costs$12,825$13,809$16,661
Median household income$63,545$70,702$80,734
Groundwork market score4137

Official counts and lending

Businesses

Official establishments, 2019 to 2023
13
Employees, 2023
22
Annual payroll, 2023
$903K
One-person businesses, 2023
139Businesses with no payroll
Map listings, September 2026
322 chain locations
Listings at the U.S. rate for this spending
45The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Hannibal area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Hannibal area

Population, 2025 estimate
38,969+0.4% since 2020
Households
15,293
Median age
41.2
Homes lived in by their owners
74%
Vehicles per household
2.0
Land area
907 sq. mi.
People per square mile
43
Median household income
$63,545+24.7% vs. 2015–2019, before inflation
Average household income
$76,592
Median home value
$163,800
Jobs located here
16,430
Daytime population
37,362Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Hannibal area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Hannibal area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Missouri

Every Missouri market ranked →

The highest-scoring small-town markets in Missouri for real estate businesses, numbered among those based in Missouri (a market based in another state is listed without a number), with the Hannibal area marked.

Top small-town markets in Missouri

Small-town markets in Missouri ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Kennett, MO501614.2193−4.8%#263 of 536
2Sikeston, MO493417.2170−0.3%#277 of 536
3Kirksville, MO462019.2154+1.9%#307 of 536
4Moberly, MO441718.4156+0.2%#328 of 536
5Hannibal, MO413220.9141+0.4%#376 of 536
6Warrensburg, MO415224.7124+4.9%#379 of 536
7Rolla, MO373922.5131+1.6%#427 of 536
8Farmington, MO366225.0116+2.1%#444 of 536
Quincy, IL-MO347724.8123−2.0%#464 of 536
9Lebanon, MO345135.080+2.5%#466 of 536

Other business types in the Hannibal area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Hannibal, MO area?

The Hannibal area has 32 real estate businesses on map listings as of September 2026. 2 of them (6%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 13 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023. Official counts also show 139 one-person businesses without payroll.

How much do households in the Hannibal, MO area spend on rent and homeowner costs?

About $196.1M a year, or $12,825 per household. That is 23% below the U.S. average (an index of 77, where 100 is the U.S. average). For the 32 real estate businesses on map listings, housing spending per office is 41% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 15,293 households in the Hannibal area and national spending patterns by income.

How does the Hannibal, MO area compare with the U.S. for real estate businesses?

The Hannibal area has 20.9 real estate businesses per 10,000 households, 46% below the U.S. rate of 38.5. The index of housing spending per office is 141, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Hannibal area would have about 45, against 32 on map listings. There is one business with payroll in the industry for every 1,176 households, against one for every 414 across the U.S.

How fast is the Hannibal, MO area growing?

Population estimates put the Hannibal area at 38,969 people in 2025, up 0.4% since 2020, slower than the U.S. (+3.1%). It has 15,293 households. The median household income in the Hannibal area is $63,545 a year, 21% below the U.S. median of $80,734. That rose 24.7% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Hannibal area scores 41 for real estate businesses (lower middle), #376 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Hannibal area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Hannibal area

Screening a site or an acquisition in the Hannibal area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Hannibal area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.