Is Shell Knob, MO 65747 a buyer’s or seller’s market?

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

Shell Knob is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.5Under 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 market35Listing to accepted offer
Median price per sq ft$250▲ +19.0% vs. last year

The Shell Knob housing market right now

In the three months ending August 31, 2026, 0% of homes in Shell Knob, MO 65747 sold above their list price, the typical home went under contract in 35 days and there were 5.5 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 37 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (82 days then) and the median sale price rose 3% to $412,272. Overall, Shell Knob is more competitive than a year ago, so tougher for buyers.

Within Stone County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Blue Eye 65611Balanced $189 /sq ftCape Fair 65624Buyer’s market $136 /sq ftCrane 65633Balanced $163 /sq ftGalena 65656Buyer’s market $210 /sq ft Browse all markets →

Where Shell Knob is

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Questions about Shell Knob real estate

Is Shell Knob a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Shell Knob, MO 65747 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 Shell Knob?

The typical home went under contract in 35 days in the latest three months.

Do homes in Shell Knob sell over asking?

0% of homes sold above their original list price.

What are property taxes in Shell Knob?

About 0.47% of a home’s value a year in Stone County, or roughly $1,880 on a $400,000 home.

What is the median home price in Shell Knob?

The median sale price was $412,272 in the three months ending August 31, 2026, about $250 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