Is now a good time to buy land in Steelville, Missouri?
Steelville, Missouri is currently a buyer's market with 10.0 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
10.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 4 | 5 |
Steelville, Missouri is currently a buyer's market with 10.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Steelville, Missouri currently has 10.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Steelville, Missouri saw 5 properties sold. In just the last 3 months, 3 properties changed hands.
The 3-month absorption rate in Steelville, Missouri is 10.0%. The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Steelville, Missouri typically sells within 207 days of listing. The median time on market is 168 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in Steelville, Missouri is 10.0% (3-month basis), indicating moderate demand. The top-performing broker in this market is Wynn Realty.
There are currently 10 active listings in Steelville, Missouri. 2 new listings have hit the market in the last 90 days. The median asking price is $85K.
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.