Is Fair Grove, MO 65648 a buyer’s or seller’s market?
Fair Grove is a seller’s market. With about 2.3 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 Fair Grove housing market right now
In the three months ending August 31, 2026, 0% of homes in Fair Grove, MO 65648 sold above their list price, the typical home went under contract in 27 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (38 days then) and the median sale price fell 13% to $309,766. Overall, Fair Grove is more competitive than a year ago, so tougher for buyers.
Within Greene County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 65648
Nearby markets
Ash Grove 65604Seller’s market $161 /sq ftBois D Arc 65612Seller’s market $201 /sq ftBrookline 65619Seller’s market $179 /sq ftRepublic 65738Seller’s market $180 /sq ft Browse all markets →Towns like Fair Grove nearby
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Questions about Fair Grove real estate
Is Fair Grove a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Fair Grove, MO 65648 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 Fair Grove?
The typical home went under contract in 27 days in the latest three months.
Do homes in Fair Grove sell over asking?
0% of homes sold above their original list price.
What are property taxes in Fair Grove?
About 0.71% of a home’s value a year in Greene County, or roughly $2,840 on a $400,000 home.
What is the median home price in Fair Grove?
The median sale price was $309,766 in the three months ending August 31, 2026, about $152 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