Is Anderson, MO 64831 a buyer’s or seller’s market?

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

Anderson is a buyer’s market. With about 10 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score22/ 100

More competitive than 17% of U.S. ZIP codes, and #241 of 274 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 July 31, 2026. See the breakdown

Months of supply10Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market91Listing to accepted offer
Median price per sq ft$175▲ +9.9% vs. last year

The Anderson housing market right now

In the three months ending August 31, 2026, 0% of homes in Anderson, MO 64831 sold above their list price, the typical home went under contract in 91 days and there were 10 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (34 days then) and the median sale price rose 83% to $402,576. Overall, Anderson is less competitive than a year ago, which gives buyers more room.

Within McDonald County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Pineville 64856 (17% sold over asking) is even more competitive.

Nearby markets

Goodman 64843Seller’s market $143 /sq ftLanagan 64847 — /sq ftNoel 64854Buyer’s market $153 /sq ftPineville 64856Buyer’s market $165 /sq ft Browse all markets →

Where Anderson is

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Questions about Anderson real estate

Is Anderson a buyer’s or seller’s market?

A buyer’s market: there were 10 months of supply in Anderson, MO 64831 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 Anderson?

The typical home went under contract in 91 days in the latest three months.

Do homes in Anderson sell over asking?

0% of homes sold above their original list price.

What are property taxes in Anderson?

About 0.46% of a home’s value a year in McDonald County, or roughly $1,840 on a $400,000 home.

What is the median home price in Anderson?

The median sale price was $402,576 in the three months ending August 31, 2026, about $175 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