Is now a good time to buy land in Galena, Missouri?
Galena, Missouri is currently a strong buyer's market with 64.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
64.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 4 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | 1 | 4 | 5 |
| 5-10 acres | - | 1 | 3 | 7 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 10 | 22 |
Galena, Missouri is currently a strong buyer's market with 64.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Galena, Missouri currently has 64.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Galena, Missouri typically sells within 252 days of listing. The median time on market is 92 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Galena, Missouri saw 22 properties sold. In just the last 3 months, 3 properties changed hands.
There are currently 64 active listings in Galena, Missouri. 13 new listings have hit the market in the last 90 days. The median asking price is $79K.
The 3-month absorption rate in Galena, Missouri is 1.6%. The 12-month rate is 2.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Galena, Missouri is 1.6% (3-month basis), indicating slow demand. The top-performing broker in this market is Massengale Group - Keller Williams - Nixa.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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