Markets › Missouri
In the Show-Me State, part of the Census Bureau's West North Central division, Pecan Street tracks eight markets. Median sale prices run from $206K in Joplin to $366K in Kansas City over Jul–Sep 2026. Six of eight are higher than a year earlier and two are lower; Columbia leads at +6.5% and Cape Girardeau trails at -2.4%.
Homes sit longest in Cape Girardeau (54 median days on market) and sell fastest in Jefferson City (41 days). The share of active listings with a price cut runs from 29% in Cape Girardeau to 44% in St. Joseph. Price-to-rent ratios run from about 11 in Joplin to 17 in Jefferson City, measured as years of HUD Fair Market Rent per median sale price. Among the 383 U.S. metros Pecan Street tracks, the St. Joseph metro has the 31st-slowest year-over-year price growth and the Jefferson City metro the 38th-fewest median days on market. Missouri's unemployment rate was 3.6% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Cape Girardeau | $249K | -2.4% | 54 | 29% | ≈ 15 |
| Columbia | $295K | +6.5% | 51 | 35% | ≈ 17 |
| Jefferson City | $274K | +3.0% | 41 | 32% | ≈ 17 |
| Joplin | $206K | +0.7% | 51 | 35% | ≈ 11 |
| Kansas City | $366K | +4.0% | 50 | 40% | ≈ 15 |
| Springfield | $286K | +4.2% | 52 | 39% | ≈ 16 |
| St. Joseph | $213K | -2.4% | 50 | 44% | ≈ 13 |
| St. Louis | $305K | +5.8% | 50 | 41% | ≈ 15 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Strength 4 / 5
17 days
Jefferson City homes taking 17 days to sell — +88.9% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Source: Redfin, city figures, Jul–Sep 2026