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STEELE, MO 63877

Real Estate Market Report  ·  Pemiscot County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The STEELE, MO real estate market (63877) currently shows 9 active listings, with 2 pending sales. Homes are averaging 193 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 193 days on market compared to 29 days last year.

The median listing price has fallen 44.9% year-over-year, from $158,000 to $87,000.

Whether you are buying or selling in STEELE, MO, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,046  ·  Density: 7.9/mi²  ·  Median household income: $42,681

Typical home value: $129,832  ·  Homeownership: 57.9%

Market Overview

Active Listings
9
⇧ 125% vs 4 last year
Pending
2
22% pending ratio
Median Price
$87,000
⇩ 44.9% vs $158,000 last year
Average Price
$110,336
⇩ 22.7% vs $142,667 last year
Days on Market
193
⇧ 565.5% vs 29 days last year

Price Per Square Foot

Median $/sqft
$64
⇧ 156% vs $25/sqft last year
Median Home Size
1,389 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 4 last year
  • Days on market: 193 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $87,000 (-44.9% YoY)
  • Average: $110,336 (-22.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.5 miles — 296 listings ($64,905,491 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
63877Steele, MO 638770.0 mi5$456,915$89,450$91,383
63830Caruthersville, MO 6383010.3 mi9$799,938$48,425$88,882
63827Bragg City, MO 6382713.2 mi1$134,900$134,900$134,900
63857Kennett, MO 6385715.0 mi41$4,826,602$80,475$117,722
72358Luxora, AR 7235819.4 mi5$774,875$186,725$154,975
38080Ridgely, TN 3808020.4 mi12$3,358,224$119,175$279,852
63852Holcomb, MO 6385222.2 mi2$205,900$102,950$102,950
38040Halls, TN 3804024.6 mi22$5,176,424$197,425$235,292
63848Gideon, MO 6384825.4 mi4$581,300$135,000$145,325
38063Ripley, TN 3806325.7 mi47$11,038,608$219,900$234,864
38024Dyersburg, TN 3802426.2 mi117$33,186,582$248,450$283,646
63837Clarkton, MO 6383726.9 mi3$224,499$64,500$74,833
72461Rector, AR 7246127.5 mi28$4,140,724$130,000$147,883

Frequently Asked Questions

How many homes are for sale in STEELE, MO 63877?

As of March 2026, there are 9 active listings in STEELE, MO (zip code 63877), compared to 4 the prior year.

What is the median home price in STEELE, MO 63877?

The median listing price in STEELE, MO 63877 is $87,000 as of March 2026, a 44.9% decrease from $158,000 the prior year.

How long do homes stay on the market in STEELE, MO?

Homes in STEELE, MO 63877 spend an average of 193 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in STEELE, MO 63877?

Based on current inventory and days-on-market data as of March 2026, STEELE, MO 63877 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 193 days on market compared to 29 days last year.

How much can I save on real estate commission in STEELE, MO?

With SELL123.com's maximum 3% commission, sellers in STEELE, MO 63877 save an estimated $1,740 compared to a typical 5% commission on the median listing price of $87,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.