Is Diamond, MO 64840 a buyer’s or seller’s market?
Diamond is a seller’s market. With about 2.5 months of supply and 0% 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.
The Diamond housing market right now
In the three months ending August 31, 2026, 0% of homes in Diamond, MO 64840 sold above their list price, the typical home went under contract in 37 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 faster (41 days then) and the median sale price fell 5% to $239,896. Overall, Diamond is about as competitive as it was a year ago.
Within Newton County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 64840
Nearby markets
Fairview 64842Seller’s market $118 /sq ftGranby 64844Buyer’s market $132 /sq ftJoplin 64804Seller’s market $142 /sq ftNeosho 64850Seller’s market $145 /sq ft Browse all markets →Towns like Diamond nearby
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Questions about Diamond real estate
Is Diamond a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Diamond, MO 64840 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 Diamond?
The typical home went under contract in 37 days in the latest three months.
Do homes in Diamond sell over asking?
0% of homes sold above their original list price.
What are property taxes in Diamond?
About 0.63% of a home’s value a year in Newton County, or roughly $2,520 on a $400,000 home.
What is the median home price in Diamond?
The median sale price was $239,896 in the three months ending August 31, 2026, about $147 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