Market Pulse
Where Laclede County stands — September 2026
By the Numbers
Listings
Under Contract
This Month
This Month
List Price
Sold Price
on Market
Ratio
to Sale Ratio
with Price Reductions
What This Means For You
Laclede County is still leaning toward sellers, but you're seeing a bit more breathing room than before, with 99 homes on the market and houses taking about 53 days to sell on average. The jump in median sold price to $252,500 reflects a mix of what's selling right now, so don't let that number alone scare you off—it's worth looking at homes in your specific price range and neighborhood. With list-to-sale ratio easing slightly to 96.7%, there may be a little more room to negotiate than last month, so it's still smart to come in with a solid, well-researched offer.
This is still a strong market for you, with only about 2.5 months of inventory, meaning homes are moving faster than they would in a balanced market. Pricing your home right from the start matters, since buyers are paying close attention to value, and homes are taking a bit longer to sell than last month. With steady demand and limited competition from other listings, well-prepared sellers are in a good position to attract solid offers.
Month-Over-Month
September 2026 vs. prior month — Residential
| Metric | September 2026 | August 2026 | Change |
|---|---|---|---|
| Median Sold Price | $252,500 | $215,000 | ▲ 17.4% |
| Median List Price | $269,900 | $259,000 | ▲ 4.2% |
| Avg Days on Market | 53 days | 47 days | ▼ Slower by 6 days |
| List-to-Sale Ratio | 96.7% | 99.0% | ▼ 2.3 pts |
| Active Inventory | 99 | 93 | ▲ 6 |
| Homes Sold | 39 | 23 | ▲ 16 |
| Months of Inventory | 2.54 mo. | 4.04 mo. | ▲ Tightening |
Price Distribution
Where is inventory concentrated right now?
What Sold, By Home Size
Find your bedroom count and read across
| Home size | Sold | Median price | Median days | Median sq ft | % of asking |
|---|---|---|---|---|---|
| 1 bed | 7 | $125,000 | 43 days | 785 | 94.5% |
| 2 beds | 57 | $132,500 | 45 days | 892 | 96.2% |
| 3 beds | 208 | $225,000 | 47 days | 1,512 | 97.5% |
| 4 beds | 69 | $296,500 | 51 days | 2,221 | 98.0% |
| 5+ beds | 35 | $500,000 | 55 days | 4,100 | 97.3% |
By City — Laclede County
Individual conditions for each community within the county
Featured Properties
Selected active listings in Laclede County
Market Commentary
Our team knows this market inside and out. Whether you're buying your first home, selling a farm, or searching for land — we're here to guide you.
Laclede County's housing market continued to favor sellers in September, though the pace of activity suggests things are stabilizing after a busier summer. With just 2.54 months of inventory on hand, the county remains firmly in seller's market territory, and the jump in median sold price to $252,500 reflects that tightness. Homes that are well-priced and in good condition are still moving, but buyers negotiated a bit more room this month than in August, with the list-to-sale ratio dipping to 96.7% and average days on market stretching to just over seven weeks. That combination tells us sellers are still winning, just not quite as decisively as before. Lebanon continues to anchor the county's market, accounting for the vast majority of active listings at 88, with a median list price of $274,900 and days on market tracking close to the county average. That consistency makes Lebanon a good barometer for where Laclede County is headed overall. The smaller markets — Eldridge, Phillipsburg, and Falcon — simply don't have enough listing volume to draw firm conclusions, though it's worth noting Falcon's lone two listings carry a median price more than double the county norm, a reminder that in these smaller communities, a single luxury or acreage property can swing the numbers significantly. For sellers, the data suggests this is still a strong window to list, particularly with 99 active listings representing a modest uptick in competition but still a lean overall supply. Buyers, meanwhile, should take note that while homes aren't selling quite as fast or for quite as close to asking price as they were a month ago, the market hasn't loosened enough to expect significant negotiating leverage. With 43 new listings and 39 closings this month, supply and demand remain closely matched, and that balance is likely to keep Laclede County competitive heading into the fall.