OfferBackedBuyer Tools

Is Otterville, MO 65348 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Otterville is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list90.9%Sold price ÷ list price
Median days on market104Listing to accepted offer
Median price per sq ft$122▲ +51.3% vs. last year

The Otterville housing market right now

In the three months ending August 31, 2026, 0% of homes in Otterville, MO 65348 sold above their list price, the typical home went under contract in 104 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 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 (73 days then) and the median sale price rose 2% to $262,386. Overall, Otterville is less competitive than a year ago, which gives buyers more room.

Within Cooper County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Run the numbers for 65348

Prefilled for 65348Can I win this house?Multiple-offer likelihood for a listing Prefilled for 65348Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blackwater 65322 $101 /sq ftBoonville 65233Seller’s market $143 /sq ftBunceton 65237Seller’s market $139 /sq ftPilot Grove 65276 — /sq ft Browse all markets →

Towns like Otterville nearby

Find towns like Otterville in other states →
Smithton, MO65350 · 7 miles away84% similarVery close on income, prices and more Stover, MO65078 · 19 miles away80% similarcheaper homes ($57K less) · larger Lincoln, MO65338 · 29 miles away80% similarcheaper homes ($55K less) · larger Tipton, MO65081 · 13 miles away75% similarcheaper homes ($47K less) · larger

Where Otterville is

Loading map…

Questions about Otterville real estate

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

A balanced market: there were 4.8 months of supply in Otterville, MO 65348 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 Otterville?

The typical home went under contract in 104 days in the latest three months.

Do homes in Otterville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.9% of the list price.

What are property taxes in Otterville?

About 0.66% of a home’s value a year in Cooper County, or roughly $2,640 on a $400,000 home.

What is the median home price in Otterville?

The median sale price was $262,386 in the three months ending August 31, 2026, about $122 per square foot.

Local agents

See all agents in 65348 →

No sponsored agents in 65348 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 65348

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Cooper County property taxesCooper County loan limitsClosing costs in MissouriHottest ZIP codes in Missouri
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology