Missouri started 2025 with a total of 13,070 single-family homes on the market, with a median home price of $295,000 and an average price per square foot of $185.88. By the end of the year, inventory had increased to 14,416 homes on the market (+10%), with a median home price of $299,900 (+2%), and an average price per square foot of $187 (+1%).
At the start of 2025, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 77 days.
Missouri started the year with 32.65% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 35.45% of homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Missouri started 2025 as a seller's market, with an MAI score of 30; by the end of the year, the MAI had increased to 35 – a seller's market.Market Update for June 11, 2026