Is now a good time to buy land in Mill Spring, Missouri?
Mill Spring, Missouri is currently a very hot seller's market with 0.8 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Dec 2025
0.8 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 4 | 5 | 5 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 5 | 5 |
Mill Spring, Missouri is currently a very hot seller's market with 0.8 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Mill Spring, Missouri currently has 0.8 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Mill Spring, Missouri typically sells within 210 days of listing. The median time on market is 204 days. Properties are moving slowly in the current very hot seller's market.
The current absorption rate in Mill Spring, Missouri is 133.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Legacy Real Estate Group.
There are currently 1 active listings in Mill Spring, Missouri. 1 new listings have hit the market in the last 90 days. The median asking price is $7K.
Over the past 12 months, Mill Spring, Missouri saw 5 properties sold. In just the last 3 months, 4 properties changed hands.
The 3-month absorption rate in Mill Spring, Missouri is 133.3%. The 12-month rate is 41.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.