Hannibal, MO metro area Housing Market
Cool MarketComprehensive housing market data for the Hannibal, MO metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$218K
↑ 22.5% YoY
Days on Market
57 days
↑ 9.6% YoY
Active Inventory
122
↑ 8.9% YoY
Homes Sold
40
↑ 11.1% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Hannibal, MO metro area Market Summary
The Hannibal, MO metro area housing market is cooling down. As of March 2026, the median home sale price is $218K, up 22.5% year-over-year. Homes are spending a median of 57 days on the market, 9.6% longer than a year ago.
There are 122 homes for sale — 8.9% more than last year. With 3.1 months of supply, this is a seller's market. 59 new listings were added during this period, up 11.3% year-over-year.
Homes are selling for 95.2% of their list price on average, suggesting room for negotiation. 12.5% of homes sell above their asking price. 18.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
76
Contributing Factors
How This Market Compares
vs. National Median
vs. Missouri Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 50% below the national median, which could indicate stronger cash flow potential.
Hannibal, MO metro area Market Trends
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Detailed Market Metrics
Median List Price
$215K
Price per Sq Ft
$116
Sale-to-List Ratio
95.2%
Months of Supply
3.1
Sold Above List
12.5%
Price Drops
18.9%
New Listings
59
↑ 11.3% YoY
Pending Sales
50
Off Market in 2 Weeks
50.0%
Other Markets in Missouri
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Joplin, MO metro area
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Columbia, MO metro area
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Jefferson City, MO metro area
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St. Joseph, MO metro area
$210K · 48d on market
Branson, MO metro area
$310K · 96d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.