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Is Mansfield, MO 65704 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Mansfield is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market78Listing to accepted offer
Median price per sq ft$143▲ +8.3% vs. last year

The Mansfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Mansfield, MO 65704 sold above their list price, the typical home went under contract in 78 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (26 days then) and the median sale price rose 2% to $226,402. Overall, Mansfield is less competitive than a year ago, which gives buyers more room.

Within Wright County, homes here sell more slowly than in 75% 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 65704

Prefilled for 65704Can I win this house?Multiple-offer likelihood for a listing Prefilled for 65704Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Grovespring 65662 $212 /sq ftHartville 65667Buyer’s market $139 /sq ftMountain Grove 65711Balanced $144 /sq ftNorwood 65717Buyer’s market $293 /sq ft Browse all markets →

Towns like Mansfield nearby

Find towns like Mansfield in other states →
Seymour, MO65746 · 11 miles away80% similarlarger · 10 min shorter commute Plato, MO65552 · 35 miles away72% similarsmaller · 10 min shorter commute Dora, MO65637 · 32 miles away71% similarsmaller · older residents Elkland, MO65644 · 32 miles away68% similarpricier homes ($40K more) · smaller

Where Mansfield is

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Questions about Mansfield real estate

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

A buyer’s market: there were 8 months of supply in Mansfield, MO 65704 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 Mansfield?

The typical home went under contract in 78 days in the latest three months.

Do homes in Mansfield sell over asking?

0% of homes sold above their original list price.

What are property taxes in Mansfield?

About 0.40% of a home’s value a year in Wright County, or roughly $1,600 on a $400,000 home.

What is the median home price in Mansfield?

The median sale price was $226,402 in the three months ending August 31, 2026, about $143 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