Is Excelsior Springs, MO 64024 a buyer’s or seller’s market?

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

Excelsior Springs is a seller’s market. With about 2.4 months of supply and 32% 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.

Competition score73/ 100

More competitive than 77% of U.S. ZIP codes, and #91 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

Months of supply2.4Under 4 months = seller’s market
Sold above original list31.8%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$177▲ +17.6% vs. last year

The Excelsior Springs housing market right now

In the three months ending August 31, 2026, 32% of homes in Excelsior Springs, MO 64024 sold above their list price, the typical home went under contract in 16 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (32% then), homes sold faster (29 days then) and the median sale price rose 5% to $255,439. Overall, Excelsior Springs is more competitive than a year ago, so tougher for buyers.

Within Clay County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Excelsior Springs ranks #91 of 263 MO ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Missouri City 64072 (0% sold over asking) or Holt 64048 (23% sold over asking), while Kansas City 64161 (100% sold over asking) and Kansas City 64118 (44% sold over asking) are even more competitive.

Nearby markets

Holt 64048Seller’s market $255 /sq ftKansas City 64116Seller’s market $194 /sq ftKansas City 64117Seller’s market $164 /sq ftKansas City 64118Seller’s market $177 /sq ft Browse all markets →

Where Excelsior Springs is

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Questions about Excelsior Springs real estate

Is Excelsior Springs a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Excelsior Springs, MO 64024 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 Excelsior Springs?

The typical home went under contract in 16 days in the latest three months.

Do homes in Excelsior Springs sell over asking?

32% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What are property taxes in Excelsior Springs?

About 1.07% of a home’s value a year in Clay County, or roughly $4,280 on a $400,000 home.

What is the median home price in Excelsior Springs?

The median sale price was $255,439 in the three months ending August 31, 2026, about $177 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