Is Mountain Grove, MO 65711 a buyer’s or seller’s market?
Mountain Grove 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.
More competitive than 14% of U.S. ZIP codes, and #238 of 263 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mountain Grove housing market right now
In the three months ending August 31, 2026, 0% of homes in Mountain Grove, MO 65711 sold above their list price, the typical home went under contract in 36 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. That’s based on 42 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 3%, homes sold faster (70 days then) and the median sale price fell 7% to $229,801. Overall, Mountain Grove is more competitive than a year ago, so tougher for buyers.
Within Wright County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Mountain Grove ranks #238 of 263 MO ZIP codes with enough sales (score 20 out of 100).
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Nearby markets
Grovespring 65662 $212 /sq ftHartville 65667Buyer’s market $139 /sq ftMansfield 65704Buyer’s market $143 /sq ftNorwood 65717Buyer’s market $293 /sq ft Browse all markets →Towns like Mountain Grove nearby
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Questions about Mountain Grove real estate
Is Mountain Grove a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Mountain Grove, MO 65711 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 Mountain Grove?
The typical home went under contract in 36 days in the latest three months.
Do homes in Mountain Grove sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Mountain Grove?
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 Mountain Grove?
The median sale price was $229,801 in the three months ending August 31, 2026, about $144 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