West Plains, MO metro area Housing Market

Cold Market

Comprehensive housing market data for the West Plains, MO metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$190K

17.4% YoY

Days on Market

64 days

28.9% YoY

Active Inventory

158

2.5% YoY

Homes Sold

19

34.5% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

West Plains, MO metro area Market Summary

The West Plains, MO metro area housing market is cooling down. As of January 2026, the median home sale price is $190K, down 17.4% year-over-year. Homes are spending a median of 64 days on the market, 28.9% shorter than a year ago.

There are 158 homes for sale — 2.5% fewer than last year. With 8.3 months of supply, this is a buyer's market. 37 new listings were added during this period, down 2.6% year-over-year.

Homes are selling for 99.7% of their list price on average, suggesting room for negotiation. 10.5% of homes sell above their asking price. 19.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

80

Contributing Factors

Months of Supply 8.3
Days on Market 64
Price Drops 19.6%
Sale-to-List Ratio 99.7%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 55.1%
Days on Market (National: 66) 3.0%
Inventory (National: 1,210,379) 100.0%

vs. Missouri Median

Median Price (Missouri: $267K) 28.9%
Days on Market (Missouri: 53) 20.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 55% below the national median, which could indicate stronger cash flow potential.

West Plains, MO metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$240K

Price per Sq Ft

$110

Sale-to-List Ratio

99.7%

Months of Supply

8.3

Sold Above List

10.5%

Price Drops

19.6%

New Listings

37

2.6% YoY

Pending Sales

32

Off Market in 2 Weeks

25.0%

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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.