Is Gideon, MO 63848 a buyer’s or seller’s market?
Gideon is a buyer’s market. With about 25.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gideon housing market right now
In the three months ending August 31, 2026, 0% of homes in Gideon, MO 63848 sold above their list price, the typical home went under contract in 245 days and there were 25.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 more slowly (101 days then) and the median sale price fell 31% to $137,740. Overall, Gideon is less competitive than a year ago, which gives buyers more room.
Within New Madrid County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 63848
Nearby markets
Catron 63833Seller’s market — /sq ftKewanee 63860 $87 /sq ftLilbourn 63862Seller’s market $64 /sq ftMatthews 63867 $53 /sq ft Browse all markets →Where Gideon is
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Questions about Gideon real estate
Is Gideon a buyer’s or seller’s market?
A buyer’s market: there were 25.6 months of supply in Gideon, MO 63848 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 Gideon?
The typical home went under contract in 245 days in the latest three months.
Do homes in Gideon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.
What are property taxes in Gideon?
About 0.73% of a home’s value a year in New Madrid County, or roughly $2,920 on a $400,000 home.
What is the median home price in Gideon?
The median sale price was $137,740 in the three months ending August 31, 2026, about $108 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