Is Wellington, MO 64097 a buyer’s or seller’s market?
Wellington is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Wellington housing market right now
In the three months ending August 31, 2026, 50% of homes in Wellington, MO 64097 sold above their list price, the typical home went under contract in 14 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 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 0%, homes sold faster (75 days then) and the median sale price rose 59% to $297,371. Overall, Wellington is more competitive than a year ago, so tougher for buyers.
Within Lafayette County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Waverly 64096 (0% sold over asking) or Napoleon 64074 (0% sold over asking).
Run the numbers for 64097
Nearby markets
Alma 64001Seller’s market $104 /sq ftBates City 64011Seller’s market $200 /sq ftConcordia 64020Seller’s market $138 /sq ftCorder 64021 $94 /sq ft Browse all markets →Towns like Wellington nearby
Find towns like Wellington in other states →Where Wellington is
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Questions about Wellington real estate
Is Wellington a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Wellington, MO 64097 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 Wellington?
The typical home went under contract in 14 days in the latest three months.
Do homes in Wellington sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.
What are property taxes in Wellington?
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 Wellington?
The median sale price was $297,371 in the three months ending August 31, 2026, about $192 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