Is Piedmont, MO 63957 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Piedmont is a buyer’s market. With about 12.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.3Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$110▲ +42.6% vs. last year

The Piedmont housing market right now

In the three months ending August 31, 2026, 14% of homes in Piedmont, MO 63957 sold above their list price, the typical home went under contract in 21 days and there were 12.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 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 8%, homes sold faster (32 days then) and the median sale price fell 1% to $119,948. Overall, Piedmont is more competitive than a year ago, so tougher for buyers.

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

Nearby, buyers who want less competition could look at Wappapello 63966 (0% sold over asking) or Silva 63964 (0% sold over asking), while Williamsville 63967 (33% sold over asking) is even more competitive.

Nearby markets

Greenville 63944Buyer’s market $79 /sq ftMill Spring 63952 $106 /sq ftPatterson 63956 — /sq ftSilva 63964 $84 /sq ft Browse all markets →

Where Piedmont is

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Questions about Piedmont real estate

Is Piedmont a buyer’s or seller’s market?

A buyer’s market: there were 12.3 months of supply in Piedmont, MO 63957 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 Piedmont?

The typical home went under contract in 21 days in the latest three months.

Do homes in Piedmont sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.

What are property taxes in Piedmont?

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 Piedmont?

The median sale price was $119,948 in the three months ending August 31, 2026, about $110 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