Market Intelligence Report — MO-380

Kennett, MO

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MO-09
As of the latest 2026 data
Very Weak

Median Listing

$128K
+14.0% YoY

Pending Ratio

0.23
-4.8% YoY

Active Inventory

79
+1.3% YoY

Median DOM

64 Days
+4.9% YoY

Primary Intelligence Tool — Sold Score™

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The Kennett market is currently categorized as Very Weak, with demand absorption significantly lagging supply. The pending ratio stands at 0.23, indicating a substantial imbalance, while the median listing price has increased 14.0% year-over-year to $128,000.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Kennett market right now.

Active listings have shown a modest increase of 1.3% year-over-year, reaching 79 units. New listings, however, have contracted by 14.3% over the past year. Concurrently, the pending ratio has decreased by 4.8% year-over-year, reinforcing the trend of reduced demand absorption relative to available inventory. Median days on market increased 4.9% year-over-year to 64 days, suggesting a slower pace of sales.

Historical Analysis

Market Trends

Median Price

$128K+6.8% MoM

Active Inventory

79+1.3% YoY

Days on Market

64+4.9% YoY

Sold Score™

39-4.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.23, pressure on sellers to exercise price discipline remains elevated. The slow pace of transactions, as indicated by 64 median days on market, further suggests that inventory is not being absorbed efficiently. Negotiating leverage strongly favors buyers due to the pronounced demand-supply disparity.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

79 active listings represent the current floor, with new supply arriving at roughly 24 per month.

Pricing Pressure
13.0%

of active listings carry a price reduction, +1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +9.6% year-over-year.

Absorption
0.23

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Kennett, MO? Homes here are taking 3 days longer to sell than last year.

Buyers have leverage in Kennett, MO. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
23%
Median Days on Market
64 days
Inventory YoY
+1%

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Metro Demographics

Metro Area
Kennett, MO
CBSA Code
28380
State
MO