Is Kewanee, MO 63860 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Kewanee is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$87

The Kewanee housing market right now

In the three months ending August 31, 2026, 0% of homes in Kewanee, MO 63860 sold above their list price and the typical home went under contract in 62 days. With only 1 sale, these figures can swing a lot from month to month.

The median sale price was $156,682, or about $87 per square foot.

Within New Madrid County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Catron 63833Seller’s market — /sq ftGideon 63848Buyer’s market $108 /sq ftLilbourn 63862Seller’s market $64 /sq ftMatthews 63867 $53 /sq ft Browse all markets →

Where Kewanee is

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Questions about Kewanee real estate

How fast do homes sell in Kewanee?

The typical home went under contract in 62 days in the latest three months.

Do homes in Kewanee sell over asking?

0% of homes sold above their original list price.

What are property taxes in Kewanee?

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 Kewanee?

The median sale price was $156,682 in the three months ending August 31, 2026, about $87 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