Is Kennett, MO 63857 a buyer’s or seller’s market?
Kennett is a seller’s market. With about 3.9 months of supply and 18% 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.
More competitive than 33% of U.S. ZIP codes, and #197 of 263 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Kennett housing market right now
In the three months ending August 31, 2026, 18% of homes in Kennett, MO 63857 sold above their list price, the typical home went under contract in 43 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold faster (57 days then) and the median sale price rose 20% to $158,431. Overall, Kennett is more competitive than a year ago, so tougher for buyers.
Within Dunklin County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Kennett ranks #197 of 263 MO ZIP codes with enough sales (score 35 out of 100).
Nearby, buyers who want less competition could look at Campbell 63933 (0% sold over asking) or Malden 63863 (0% sold over asking).
Run the numbers for 63857
Nearby markets
Arbyrd 63821Buyer’s market $33 /sq ftCampbell 63933Seller’s market $55 /sq ftCardwell 63829Seller’s market — /sq ftClarkton 63837Buyer’s market $23 /sq ft Browse all markets →Towns like Kennett nearby
Find towns like Kennett in other states →Where Kennett is
Loading map…
Questions about Kennett real estate
Is Kennett a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Kennett, MO 63857 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 Kennett?
The typical home went under contract in 43 days in the latest three months.
Do homes in Kennett sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Kennett?
About 0.70% of a home’s value a year in Dunklin County, or roughly $2,800 on a $400,000 home.
What is the median home price in Kennett?
The median sale price was $158,431 in the three months ending August 31, 2026, about $95 per square foot.
Local agents
See all agents in 63857 →No sponsored agents in 63857 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 63857
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology