Is La Russell, MO 64848 a buyer’s or seller’s market?
La Russell is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The La Russell housing market right now
In the three months ending August 31, 2026, 0% of homes in La Russell, MO 64848 sold above their list price and the typical home went under contract in 121 days. With only 3 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 (80 days then) and the median sale price rose 48% to $324,859. Overall, La Russell is less competitive than a year ago, which gives buyers more room.
Within Lawrence County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 64848
Nearby markets
Freistatt 65654 $118 /sq ftMarionville 65705Balanced $116 /sq ftMiller 65707Seller’s market $142 /sq ftMount Vernon 65712Seller’s market $159 /sq ft Browse all markets →Where La Russell is
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Questions about La Russell real estate
How fast do homes sell in La Russell?
The typical home went under contract in 121 days in the latest three months.
Do homes in La Russell sell over asking?
0% of homes sold above their original list price.
What are property taxes in La Russell?
About 0.59% of a home’s value a year in Lawrence County, or roughly $2,360 on a $400,000 home.
What is the median home price in La Russell?
The median sale price was $324,859 in the three months ending August 31, 2026, about $125 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