Is New Florence, MO 63363 a buyer’s or seller’s market?
New Florence is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The New Florence housing market right now
In the three months ending August 31, 2026, 50% of homes in New Florence, MO 63363 sold above their list price, the typical home went under contract in 15 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (24 days then) and the median sale price rose 105% to $266,135. Overall, New Florence is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Bellflower 63333 (0% sold over asking) or Montgomery City 63361 (9% sold over asking).
Run the numbers for 63363
Nearby markets
Bellflower 63333 $120 /sq ftMontgomery City 63361Seller’s market $140 /sq ftRhineland 65069 — /sq ftWellsville 63384Seller’s market $79 /sq ft Browse all markets →Where New Florence is
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Questions about New Florence real estate
Is New Florence a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in New Florence, MO 63363 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 New Florence?
The typical home went under contract in 15 days in the latest three months.
Do homes in New Florence sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.7% of the list price.
What are property taxes in New Florence?
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 New Florence?
The median sale price was $266,135 in the three months ending August 31, 2026, about $180 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