Is Mill Spring, MO 63952 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mill Spring 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-list87.2%Sold price ÷ list price
Median days on market91Listing to accepted offer
Median price per sq ft$106▲ +846.5% vs. last year

The Mill Spring housing market right now

In the three months ending August 31, 2026, 0% of homes in Mill Spring, MO 63952 sold above their list price and the typical home went under contract in 91 days. 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 faster (330 days then) and the median sale price rose 1155% to $156,932. Overall, Mill Spring is more competitive than a year ago, so tougher for buyers.

Within Wayne County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Williamsville 63967 (33% sold over asking) and Piedmont 63957 (14% sold over asking) are even more competitive.

Nearby markets

Greenville 63944Buyer’s market $79 /sq ftPatterson 63956 — /sq ftPiedmont 63957Buyer’s market $110 /sq ftSilva 63964 $84 /sq ft Browse all markets →

Where Mill Spring is

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Questions about Mill Spring real estate

How fast do homes sell in Mill Spring?

The typical home went under contract in 91 days in the latest three months.

Do homes in Mill Spring sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 87.2% of the list price.

What are property taxes in Mill Spring?

About 0.52% of a home’s value a year in Wayne County, or roughly $2,080 on a $400,000 home.

What is the median home price in Mill Spring?

The median sale price was $156,932 in the three months ending August 31, 2026, about $106 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