Is Essex, MO 63846 a buyer’s or seller’s market?
Essex is a seller’s market. With about 1.6 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.
The Essex housing market right now
In the three months ending August 31, 2026, 25% of homes in Essex, MO 63846 sold above their list price, the typical home went under contract in 12 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. 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 (140 days then) and the median sale price fell 76% to $50,478. Overall, Essex is more competitive than a year ago, so tougher for buyers.
Within Stoddard County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 60%.
Nearby, buyers who want less competition could look at Dexter 63841 (12% sold over asking) or Bloomfield 63825 (20% sold over asking), while Bernie 63822 (60% sold over asking) and Puxico 63960 (33% sold over asking) are even more competitive.
Run the numbers for 63846
Nearby markets
Advance 63730Buyer’s market $109 /sq ftBernie 63822Seller’s market $54 /sq ftBloomfield 63825Buyer’s market $109 /sq ftDexter 63841Seller’s market $118 /sq ft Browse all markets →Towns like Essex nearby
Find towns like Essex in other states →Where Essex is
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Questions about Essex real estate
Is Essex a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Essex, MO 63846 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 Essex?
The typical home went under contract in 12 days in the latest three months.
Do homes in Essex sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 87.5% of the list price.
What are property taxes in Essex?
About 0.66% of a home’s value a year in Stoddard County, or roughly $2,640 on a $400,000 home.
What is the median home price in Essex?
The median sale price was $50,478 in the three months ending August 31, 2026, about $40 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