Missouri Housing Market

Cool Market

Housing market data and trends for Missouri. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: January 2026

Median Sale Price

$267K

6.5% YoY

Days on Market

53 days

6.0% YoY

Active Inventory

13,215

6.6% YoY

Homes Sold

4,369

2.4% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Missouri Market Summary

The Missouri housing market is cooling down. As of January 2026, the median home sale price is $267K, up 6.5% year-over-year. Homes are spending a median of 53 days on the market, 6.0% longer than a year ago.

There are 13,215 homes for sale — 6.6% more than last year. With 3.0 months of supply, this is a seller's market. 6,270 new listings were added during this period, up 8.6% year-over-year.

Homes are selling for 96.1% of their list price on average, suggesting room for negotiation. 15.4% of homes sell above their asking price. 22.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 3.0
Days on Market 53
Price Drops 22.9%
Sale-to-List Ratio 96.1%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 36.8%
Days on Market (National: 66) 19.7%
Inventory (National: 1,210,379) 98.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 37% below the national median, which could indicate stronger cash flow potential.

Missouri Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Sale-to-List Ratio

Listings with Price Drops

Detailed Market Metrics

Median List Price

$276K

Price per Sq Ft

$157

Sale-to-List Ratio

96.1%

Months of Supply

3.0

Sold Above List

15.4%

Price Drops

22.9%

New Listings

6,270

8.6% YoY

Pending Sales

2,837

Metro Areas in Missouri

St. Louis, MO metro area

$256K median

Warm Market

43 days

on market

Kansas City, MO metro area

$330K median

Cool Market

48 days

on market

Springfield, MO metro area

$275K median

Cool Market

44 days

on market

Joplin, MO metro area

$221K median

Cool Market

42 days

on market

Columbia, MO metro area

$305K median

Cool Market

63 days

on market

Jefferson City, MO metro area

$278K median

Cool Market

32 days

on market

Branson, MO metro area

$289K median

Cold Market

103 days

on market

St. Joseph, MO metro area

$200K median

Cool Market

39 days

on market

Cape Girardeau, MO metro area

$239K median

Cold Market

60 days

on market

Warrensburg, MO metro area

$279K median

Cool Market

59 days

on market

Farmington, MO metro area

$190K median

Cool Market

59 days

on market

Poplar Bluff, MO metro area

$149K median

Cool Market

44 days

on market

Fort Leonard Wood, MO metro area

$261K median

Cool Market

62 days

on market

Rolla, MO metro area

$220K median

Cold Market

80 days

on market

Sedalia, MO metro area

$197K median

Cool Market

50 days

on market

Lebanon, MO metro area

$237K median

Cold Market

65 days

on market

West Plains, MO metro area

$190K median

Cold Market

64 days

on market

Hannibal, MO metro area

$178K median

Cold Market

83 days

on market

Sikeston, MO metro area

$122K median

Cool Market

41 days

on market

Maryville, MO metro area

$168K median

Cold Market

63 days

on market

Moberly, MO metro area

$165K median

Cool Market

41 days

on market

Kennett, MO metro area

$93K median

Cold Market

99 days

on market

Marshall, MO metro area

$130K median

Cold Market

63 days

on market

Mexico, MO metro area

$205K median

Cold Market

69 days

on market

Kirksville, MO metro area

$288K median

Cold Market

53 days

on market

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.