Is King City, MO 64463 a buyer’s or seller’s market?

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

King City is a seller’s market. With about 1.8 months of supply and 14% 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.

Months of supply1.8Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$105▼ −21.1% vs. last year

The King City housing market right now

In the three months ending August 31, 2026, 14% of homes in King City, MO 64463 sold above their list price, the typical home went under contract in 13 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 0%, homes sold faster (95 days then) and the median sale price fell 34% to $154,933. Overall, King City is more competitive than a year ago, so tougher for buyers.

Nearby markets

Albany 64402 — /sq ftStanberry 64489Seller’s market $85 /sq ft Browse all markets →

Where King City is

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Questions about King City real estate

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

A seller’s market: there were 1.8 months of supply in King City, MO 64463 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 King City?

The typical home went under contract in 13 days in the latest three months.

Do homes in King City sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.

What are property taxes in King City?

About 0.93% of a home’s value a year in Gentry County, or roughly $3,720 on a $400,000 home.

What is the median home price in King City?

The median sale price was $154,933 in the three months ending August 31, 2026, about $105 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