Market Intelligence Report — MO-460

West Plains, MO

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

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

Median Listing

$287K
+6.0% YoY

Pending Ratio

0.27
-5.8% YoY

Active Inventory

203
-5.4% YoY

Median DOM

78 Days
+3.6% YoY

Primary Intelligence Tool — Sold Score™

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The West Plains market is currently Cooling, primarily driven by a pending ratio of 0.27, which indicates a slower absorption of available inventory. This condition reflects a significant imbalance between demand and supply dynamics.

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 West Plains market right now.

Active listings have contracted slightly by 5.4% year-over-year, yet new listings saw a substantial increase of 55.6% over the past year. The median listing price has increased by 6.0% year-over-year, with a modest 1.8% rise month-over-month. The pending ratio declined by 5.8% year-over-year, suggesting a deceleration in transactional activity relative to inventory.

Historical Analysis

Market Trends

Median Price

$287K+1.8% MoM

Active Inventory

203-5.4% YoY

Days on Market

78+3.6% YoY

Sold Score™

40-5.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

40
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 0.27, properties are experiencing longer market durations, and demand absorption is notably lower than available supply. This scenario generally provides buyers with more time for consideration and negotiation. There is increased pressure on sellers to align pricing with prevailing demand to achieve transaction closure, influencing price discipline.

Luxury Segment

The average listing price increased by 16.8% year-over-year, outpacing the 6.0% year-over-year growth in the median listing price, and the median $/sqft saw a 2.4% year-over-year increase. This divergence between average and median price appreciation, alongside an increase in average price without a corresponding surge in median $/sqft, may suggest some softness in the luxury segment where higher-priced listings are contributing to the average but not necessarily reflecting broad-based strength in per-square-foot values at the top tier.

Supply Dynamics

203 active listings represent the current floor, with new supply arriving at roughly 56 per month.

Pricing Pressure
19.1%

of active listings carry a price reduction, -0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.4% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in West Plains, MO? Buyer Demand Index is running at 27%.

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

Buyer Demand Index
27%
Median Days on Market
78 days
Inventory YoY
−5%

In a buyer's market, strategy beats timing. See how your home scores in West Plains, MO and what moves the number.

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Metro Demographics

Metro Area
West Plains, MO
CBSA Code
48460
State
MO
Analysis FAQ
  • What is the current market condition in West Plains?+

    As of the latest 2026 data, the West Plains metro is classified as Cooling. Pending ratio is 0.27 with median days on market at 78.

  • Are home prices dropping in West Plains?+

    Median listing price is $287K, +6.0% year over year. 19.1% of active listings carry a price reduction.

  • How fast are homes selling in West Plains?+

    The typical listing sits 78 days on market, a +3.6% change YoY. New listings are arriving at 56 per month.

  • What's happening in the West Plains luxury market?+

    The average listing price increased by 16.8% year-over-year, outpacing the 6.0% year-over-year growth in the median listing price, and the median $/sqft saw a 2.4% year-over-year increase. This divergence between average and median price appreciation, alongside an increase in average price without a corresponding surge in median $/sqft, may suggest some softness in the luxury segment where higher-priced listings are contributing to the average but not necessarily reflecting broad-based strength in per-square-foot values at the top tier.

  • Where can I find a trusted West Plains real estate expert?+

    Primpted maintains a vetted registry of West Plains agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 48460 · 36mo history