Is Platte City, MO 64079 a buyer’s or seller’s market?

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

Platte City is a seller’s market. With about 2 months of supply and 27% 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 score67/ 100

More competitive than 71% of U.S. ZIP codes, and #111 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 supply2Under 4 months = seller’s market
Sold above original list26.8%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$188▼ −1.6% vs. last year

The Platte City housing market right now

In the three months ending August 31, 2026, 27% of homes in Platte City, MO 64079 sold above their list price, the typical home went under contract in 27 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (27% then), homes sold about as fast and the median sale price held steady to $437,126. Overall, Platte City is about as competitive as it was a year ago.

Within Platte County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Platte City ranks #111 of 263 MO ZIP codes with enough sales (score 67 out of 100).

Nearby, buyers who want less competition could look at Kansas City 64164 (0% sold over asking) or Farley 64028 (0% sold over asking), while Kansas City 64151 (38% sold over asking) and Edgerton 64444 (38% sold over asking) are even more competitive.

Nearby markets

Camden Point 64018Seller’s market $192 /sq ftDearborn 64439Buyer’s market $194 /sq ftEdgerton 64444Seller’s market $236 /sq ftFarley 64028Seller’s market $165 /sq ft Browse all markets →

Where Platte City is

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Questions about Platte City real estate

Is Platte City a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Platte City, MO 64079 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 Platte City?

The typical home went under contract in 27 days in the latest three months.

Do homes in Platte City sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Platte City?

About 1.05% of a home’s value a year in Platte County, or roughly $4,200 on a $400,000 home.

What is the median home price in Platte City?

The median sale price was $437,126 in the three months ending August 31, 2026, about $188 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