St. Joseph, MO metro area Housing Market

Cool Market

Comprehensive housing market data for the St. Joseph, 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

$210K

10.5% YoY

Days on Market

48 days

33.3% YoY

Active Inventory

252

20.0% YoY

Homes Sold

91

8.3% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

St. Joseph, MO metro area Market Summary

The St. Joseph, MO metro area housing market is cooling down. As of March 2026, the median home sale price is $210K, up 10.5% year-over-year. Homes are spending a median of 48 days on the market, 33.3% longer than a year ago.

There are 252 homes for sale — 20.0% more than last year. With 2.8 months of supply, this is a seller's market. 118 new listings were added during this period, down 4.1% year-over-year.

Homes are selling for 97.0% of their list price on average, suggesting room for negotiation. 20.9% of homes sell above their asking price. 38.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 2.8
Days on Market 48
Price Drops 38.5%
Sale-to-List Ratio 97.0%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 51.9%
Days on Market (National: 55) 12.7%
Inventory (National: 1,314,690) 100.0%

vs. Missouri Median

Median Price (Missouri: $282K) 25.6%
Days on Market (Missouri: 44) 9.1%

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 52% below the national median, which could indicate stronger cash flow potential.

St. Joseph, MO metro area Market Trends

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Detailed Market Metrics

Median List Price

$211K

Price per Sq Ft

$126

Sale-to-List Ratio

97.0%

Months of Supply

2.8

Sold Above List

20.9%

Price Drops

38.5%

New Listings

118

4.1% YoY

Pending Sales

121

Off Market in 2 Weeks

45.5%

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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.