Is Callao, MO 63534 a buyer’s or seller’s market?
Callao is a seller’s market. With about 3.2 months of supply and 0% 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.
The Callao housing market right now
In the three months ending August 31, 2026, 0% of homes in Callao, MO 63534 sold above their list price, the typical home went under contract in 66 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (73 days then) and the median sale price fell 90% to $74,468. Overall, Callao is about as competitive as it was a year ago.
Within Macon County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
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Nearby markets
Anabel 63431 $252 /sq ftAtlanta 63530Seller’s market $167 /sq ftBevier 63532Balanced $124 /sq ftElmer 63538 — /sq ft Browse all markets →Where Callao is
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Questions about Callao real estate
Is Callao a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Callao, MO 63534 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 Callao?
The typical home went under contract in 66 days in the latest three months.
Do homes in Callao sell over asking?
0% of homes sold above their original list price.
What are property taxes in Callao?
About 0.69% of a home’s value a year in Macon County, or roughly $2,760 on a $400,000 home.
What is the median home price in Callao?
The median sale price was $74,468 in the three months ending August 31, 2026, about $57 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