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Is Ellington, MO 63638 a buyer’s or seller’s market?

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

Ellington is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list84.2%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$76

The Ellington housing market right now

In the three months ending August 31, 2026, 0% of homes in Ellington, MO 63638 sold above their list price, the typical home went under contract in 70 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Nearby, Lesterville 63654 (50% sold over asking) is even more competitive.

Run the numbers for 63638

Prefilled for 63638Can I win this house?Multiple-offer likelihood for a listing Prefilled for 63638Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Black 63625Seller’s market $151 /sq ftCenterville 63633Buyer’s market $219 /sq ftLesterville 63654Balanced $166 /sq ftRedford 63665 — /sq ft Browse all markets →

Towns like Ellington nearby

Find towns like Ellington in other states →
Piedmont, MO63957 · 15 miles away85% similarlarger Ironton, MO63650 · 33 miles away83% similarVery close on income, prices and more Greenville, MO63944 · 29 miles away79% similarsmaller · 5 min longer commute Ellsinore, MO63937 · 23 miles away76% similarpricier homes ($86K more) · newer homes

Where Ellington is

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Questions about Ellington real estate

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

A buyer’s market: there were 10.7 months of supply in Ellington, MO 63638 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 Ellington?

The typical home went under contract in 70 days in the latest three months.

Do homes in Ellington sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 84.2% of the list price.

What are property taxes in Ellington?

About 0.37% of a home’s value a year in Reynolds County, or roughly $1,480 on a $400,000 home.

What is the median home price in Ellington?

The median sale price was $149,935 in the three months ending August 31, 2026, about $76 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