Is now a good time to buy land in Festus, Missouri?
Festus, Missouri is currently a buyer's market with 9.3 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
9.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 5 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | 1 | 5 | 7 | 10 |
| 5-10 acres | - | - | - | 4 |
| 10-20 acres | 2 | 2 | 3 | 8 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 9 | 14 | 31 |
Festus, Missouri is currently a buyer's market with 9.3 months of supply. Buyers have more negotiating power and can take time to find the right property.
Festus, Missouri currently has 9.3 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Festus, Missouri is 10.7% (3-month basis), indicating moderate demand. The top-performing broker in this market is Main Key Realty LLC.
There are currently 28 active listings in Festus, Missouri. 7 new listings have hit the market in the last 90 days. The median asking price is $123K.
Land in Festus, Missouri typically sells within 110 days of listing. The median time on market is 64 days. Properties are moving at a moderate pace in the current buyer's market.
The 3-month absorption rate in Festus, Missouri is 10.7%. The 12-month rate is 9.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Festus, Missouri saw 31 properties sold. In just the last 3 months, 9 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.