Is Concordia, MO 64020 a buyer’s or seller’s market?
Concordia is a seller’s market. With about 2.9 months of supply and 9% 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.
The Concordia housing market right now
In the three months ending August 31, 2026, 9% of homes in Concordia, MO 64020 sold above their list price, the typical home went under contract in 54 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (35 days then) and the median sale price fell 8% to $194,916. Overall, Concordia is about as competitive as it was a year ago.
Within Lafayette County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 70%.
Nearby, buyers who want less competition could look at Waverly 64096 (0% sold over asking) or Napoleon 64074 (0% sold over asking), while Wellington 64097 (50% sold over asking) and Higginsville 64037 (37% sold over asking) are even more competitive.
Run the numbers for 64020
Nearby markets
Alma 64001Seller’s market $104 /sq ftBates City 64011Seller’s market $200 /sq ftCorder 64021 $94 /sq ftHigginsville 64037Seller’s market $151 /sq ft Browse all markets →Towns like Concordia nearby
Find towns like Concordia in other states →Where Concordia is
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Questions about Concordia real estate
Is Concordia a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Concordia, MO 64020 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 Concordia?
The typical home went under contract in 54 days in the latest three months.
Do homes in Concordia sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Concordia?
About 0.73% of a home’s value a year in Lafayette County, or roughly $2,920 on a $400,000 home.
What is the median home price in Concordia?
The median sale price was $194,916 in the three months ending August 31, 2026, about $138 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