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: March 2026

Median Sale Price

$282K

6.8% YoY

Days on Market

44 days

4.8% YoY

Active Inventory

14,001

3.9% YoY

Homes Sold

6,256

5.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Missouri Market Summary

The Missouri housing market is cooling down. As of March 2026, the median home sale price is $282K, up 6.8% year-over-year. Homes are spending a median of 44 days on the market, 4.8% longer than a year ago.

There are 14,001 homes for sale — 3.9% more than last year. With 2.2 months of supply, this is a seller's market. 9,306 new listings were added during this period, up 6.1% year-over-year.

Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 19.8% of homes sell above their asking price. 26.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

67

Contributing Factors

Months of Supply 2.2
Days on Market 44
Price Drops 26.3%
Sale-to-List Ratio 97.6%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 35.4%
Days on Market (National: 55) 20.0%
Inventory (National: 1,314,690) 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 35% below the national median, which could indicate stronger cash flow potential.

Missouri Market Trends

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Detailed Market Metrics

Median List Price

$292K

Price per Sq Ft

$166

Sale-to-List Ratio

97.6%

Months of Supply

2.2

Sold Above List

19.8%

Price Drops

26.3%

New Listings

9,306

6.1% YoY

Pending Sales

3,728

Metro Areas in Missouri

St. Louis, MO metro area

$281K median

Warm Market

33 days

on market

Kansas City, MO metro area

$345K median

Warm Market

32 days

on market

Springfield, MO metro area

$270K median

Cool Market

43 days

on market

Joplin, MO metro area

$215K median

Cool Market

41 days

on market

Columbia, MO metro area

$330K median

Cool Market

36 days

on market

Jefferson City, MO metro area

$287K median

Warm Market

25 days

on market

St. Joseph, MO metro area

$210K median

Cool Market

48 days

on market

Branson, MO metro area

$310K median

Cold Market

96 days

on market

Cape Girardeau, MO metro area

$253K median

Cool Market

48 days

on market

Warrensburg, MO metro area

$283K median

Cold Market

68 days

on market

Farmington, MO metro area

$189K median

Cool Market

52 days

on market

Fort Leonard Wood, MO metro area

$230K median

Warm Market

42 days

on market

Rolla, MO metro area

$235K median

Cold Market

73 days

on market

Poplar Bluff, MO metro area

$135K median

Cold Market

87 days

on market

Hannibal, MO metro area

$218K median

Cool Market

57 days

on market

West Plains, MO metro area

$225K median

Cold Market

112 days

on market

Sedalia, MO metro area

$195K median

Cool Market

39 days

on market

Lebanon, MO metro area

$224K median

Cool Market

78 days

on market

Sikeston, MO metro area

$224K median

Cool Market

96 days

on market

Mexico, MO metro area

$169K median

Cold Market

50 days

on market

Moberly, MO metro area

$180K median

Cold Market

56 days

on market

Kirksville, MO metro area

$184K median

Cool Market

74 days

on market

Marshall, MO metro area

$163K median

Cold Market

80 days

on market

Kennett, MO metro area

$152K median

Cold Market

136 days

on market

Maryville, MO metro area

$163K median

Cold Market

70 days

on market

Explore all top U.S. markets

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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.