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Is Pierce City, MO 65723 a buyer’s or seller’s market?

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

Pierce City is a buyer’s market. With about 24 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply24Under 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 market41Listing to accepted offer
Median price per sq ft$90▼ −37.2% vs. last year

The Pierce City housing market right now

In the three months ending August 31, 2026, 0% of homes in Pierce City, MO 65723 sold above their list price, the typical home went under contract in 41 days and there were 24 months of supply. More than six months of supply favors buyers, who usually have more time and more room 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 (10 days then) and the median sale price fell 20% to $184,420. Overall, Pierce City is less competitive than a year ago, which gives buyers more room.

Within Lawrence County, homes here sell more slowly than in 71% 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 65723

Prefilled for 65723Can I win this house?Multiple-offer likelihood for a listing Prefilled for 65723Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Freistatt 65654 $118 /sq ftLa Russell 64848 $125 /sq ftMarionville 65705Balanced $116 /sq ftMiller 65707Seller’s market $142 /sq ft Browse all markets →

Towns like Pierce City nearby

Find towns like Pierce City in other states →
Marionville, MO65705 · 20 miles away88% similarlarger Purdy, MO65734 · 12 miles away85% similarpricier homes ($32K more) Seneca, MO64865 · 33 miles away84% similarpricier homes ($40K more) · larger Duenweg, MO64841 · 23 miles away80% similarcheaper homes ($41K less) · smaller

Where Pierce City is

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Questions about Pierce City real estate

Is Pierce City a buyer’s or seller’s market?

A buyer’s market: there were 24 months of supply in Pierce City, MO 65723 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 Pierce City?

The typical home went under contract in 41 days in the latest three months.

Do homes in Pierce City sell over asking?

0% of homes sold above their original list price.

What are property taxes in Pierce City?

About 0.59% of a home’s value a year in Lawrence County, or roughly $2,360 on a $400,000 home.

What is the median home price in Pierce City?

The median sale price was $184,420 in the three months ending August 31, 2026, about $90 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