Explore Missouri.
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About Missouri real estate
Missouri's market is balanced: two major metros (St. Louis and Kansas City) each with their own dynamics, plus growing secondary markets.
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Expert take: St. Louis and Kansas City both steady. Springfield growing. Statewide affordability remains a strong draw.
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Missouri market snapshot
Market data is updated periodically and deemed reliable but not guaranteed.
Missouri through experienced eyes
What makes Missouri different.
Missouri is the only US state that touches eight others (tied with Tennessee). Property taxes are below the national average, with significant variation by county.
Current conditions.
Missouri's median listing price is $300,000, with homes taking a median 47 days to sell and 17,000+ active listings. Read Missouri by metro, not by state.
The single biggest trend.
St. Louis and Kansas City both steady. Springfield growing. Statewide affordability remains a strong draw.
Where to look in Missouri
Median sale prices are directional public-data estimates.
St. Louis
Largest metro. Submarkets vary: Clayton/Ladue luxury, Kirkwood and Webster Groves top schools, urban Central West End revival.
Kansas City (MO side)
Tech and finance growth. Lee's Summit and Liberty drive top family-suburban pricing on Missouri side.
Springfield
Southwest Missouri. Healthcare and education.
Columbia
University of Missouri.
St. Joseph
Northwest Missouri. Lower price point.
Schools & Education
Ladue, Kirkwood, Clayton (St. Louis suburbs), and Lee's Summit (KC suburbs) rank among the state's top public districts.
Climate & Weather
Humid continental in the north, humid subtropical in the south. Hot, humid summers. Cold winters. Tornado-prone in spring.
Questions buyers and sellers ask us most
How much do I need for a down payment in Missouri?
For conventional loans, 20% down on the Missouri median of $300,000 would be $60,000. Most Missouri buyers close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). Check with a local lender.
What is the best time of year to buy a home in Missouri?
Late summer through early fall is historically the most favorable buyer window across most US markets, and Missouri follows this pattern. Spring has the most inventory but the most competition. Winter has the least of both.
Can I buy a home in Missouri without seeing it in person?
Yes. A local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes a remote purchase manageable. Most Missouri agents are comfortable with this workflow.
How long does it take to close on a home in Missouri?
30-45 days is typical for a financed purchase, and 14-21 days is achievable for cash. The bottleneck is usually appraisal and lender underwriting, not title work.
Guidance That Moves You Forward
Get in touch with a REALTOR® who lives in Missouri.
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