Is Martinsburg, MO 65264 a buyer’s or seller’s market?
Martinsburg is a seller’s market. With about 3.2 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 Martinsburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Martinsburg, MO 65264 sold above their list price, the typical home went under contract in 357 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Audrain County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Vandalia 63382 (14% sold over asking) and Mexico 65265 (3% sold over asking) are even more competitive.
Run the numbers for 65264
Nearby markets
Benton City 65232 $78 /sq ftCentralia 65240Seller’s market $183 /sq ftLaddonia 63352Buyer’s market $115 /sq ftMexico 65265Seller’s market $138 /sq ft Browse all markets →Where Martinsburg is
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Questions about Martinsburg real estate
Is Martinsburg a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Martinsburg, MO 65264 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 Martinsburg?
The typical home went under contract in 357 days in the latest three months.
Do homes in Martinsburg sell over asking?
0% of homes sold above their original list price.
What are property taxes in Martinsburg?
About 0.79% of a home’s value a year in Audrain County, or roughly $3,160 on a $400,000 home.
What is the median home price in Martinsburg?
The median sale price was $54,976 in the three months ending August 31, 2026, about $37 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