Is Montgomery City, MO 63361 a buyer’s or seller’s market?
Montgomery City is a seller’s market. With about 1.6 months of supply and 9% 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.
More competitive than 44% of U.S. ZIP codes, and #170 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
The Montgomery City housing market right now
In the three months ending August 31, 2026, 9% of homes in Montgomery City, MO 63361 sold above their list price, the typical home went under contract in 17 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (21 days then) and the median sale price held steady to $217,356. Overall, Montgomery City is about as competitive as it was a year ago.
On our competition score, Montgomery City ranks #170 of 263 MO ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Bellflower 63333 (0% sold over asking), while New Florence 63363 (50% sold over asking) and Wellsville 63384 (50% sold over asking) are even more competitive.
Run the numbers for 63361
Nearby markets
Bellflower 63333 $120 /sq ftNew Florence 63363Balanced $180 /sq ftRhineland 65069 — /sq ftWellsville 63384Seller’s market $79 /sq ft Browse all markets →Towns like Montgomery City nearby
Find towns like Montgomery City in other states →Where Montgomery City is
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Questions about Montgomery City real estate
Is Montgomery City a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Montgomery City, MO 63361 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 Montgomery City?
The typical home went under contract in 17 days in the latest three months.
Do homes in Montgomery City sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Montgomery City?
About 0.76% of a home’s value a year in Montgomery County, or roughly $3,040 on a $400,000 home.
What is the median home price in Montgomery City?
The median sale price was $217,356 in the three months ending August 31, 2026, about $140 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