Is Sullivan, MO 63080 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sullivan is a seller’s market. With about 3.5 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score42/ 100

More competitive than 42% of U.S. ZIP codes, and #178 of 263 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.5Under 4 months = seller’s market
Sold above original list24.5%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$136▼ −8.0% vs. last year

The Sullivan housing market right now

In the three months ending August 31, 2026, 25% of homes in Sullivan, MO 63080 sold above their list price, the typical home went under contract in 48 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 50 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (38 days then) and the median sale price fell 17% to $179,872. Overall, Sullivan is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in 65%. On our competition score, Sullivan ranks #178 of 263 MO ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Robertsville 63072 (0% sold over asking) or Gerald 63037 (0% sold over asking), while Gray Summit 63039 (100% sold over asking) and Lonedell 63060 (50% sold over asking) are even more competitive.

Nearby markets

Beaufort 63013Buyer’s market $206 /sq ftBerger 63014 $145 /sq ftCatawissa 63015Seller’s market $216 /sq ftGerald 63037Balanced $151 /sq ft Browse all markets →

Where Sullivan is

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Questions about Sullivan real estate

Is Sullivan a buyer’s or seller’s market?

A seller’s market: there were 3.5 months of supply in Sullivan, MO 63080 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sullivan?

The typical home went under contract in 48 days in the latest three months.

Do homes in Sullivan sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Sullivan?

About 0.80% of a home’s value a year in Franklin County, or roughly $3,200 on a $400,000 home.

What is the median home price in Sullivan?

The median sale price was $179,872 in the three months ending August 31, 2026, about $136 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology