Is now a good time to buy land in Altamont, Missouri?
Altamont, Missouri is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 5 | 11 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 3 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 6 | 15 |
Altamont, Missouri is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Altamont, Missouri currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Altamont, Missouri is 7.4%. The 12-month rate is 13.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Altamont, Missouri is 7.4% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX Town and Country.
Land in Altamont, Missouri typically sells within 217 days of listing. The median time on market is 79 days. Properties are moving slowly in the current strong buyer's market.
There are currently 9 active listings in Altamont, Missouri. 1 new listings have hit the market in the last 90 days. The median asking price is $12K.
Over the past 12 months, Altamont, Missouri saw 15 properties sold. In just the last 3 months, 2 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.