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STEELE, MO 63877

Real Estate Market Report  ·  Pemiscot County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇧ 75% vs 4 last year
Pending
2
29% pending ratio
Median Price
$109,250
⇩ 70.1% vs $364,950 last year
Average Price
$130,125
⇩ 75.4% vs $529,650 last year
Days on Market
161
⇩ 14.8% vs 189 days last year

Market Context

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

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

Market Analysis

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

The STEELE, MO real estate market (63877) currently shows 7 active listings, with 2 pending sales. Homes are averaging 161 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 161 days on market compared to 189 days last year.

The median listing price has fallen 70.1% year-over-year, from $364,950 to $109,250.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 4 last year
  • Days on market: 161 now vs 189 last year

Median & Average Pricing

Year over Year
  • Median: $109,250 (-70.1% YoY)
  • Average: $130,125 (-75.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.5 miles — 289 listings ($61,225,876 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
63877Steele, MO 638770.0 mi7$910,875$109,250$130,125
63830Caruthersville, MO 6383010.3 mi15$1,512,675$66,000$100,845
63827Bragg City, MO 6382713.2 mi1$145,900$145,900$145,900
63857Kennett, MO 6385715.0 mi42$4,619,328$82,450$109,984
72358Luxora, AR 7235819.4 mi4$398,900$83,500$99,725
38080Ridgely, TN 3808020.4 mi7$2,361,597$129,900$337,371
63852Holcomb, MO 6385222.2 mi2$209,900$104,950$104,950
38040Halls, TN 3804024.6 mi22$5,648,170$202,000$256,735
63848Gideon, MO 6384825.4 mi4$532,000$125,000$133,000
38063Ripley, TN 3806325.7 mi45$10,359,405$222,500$230,209
38024Dyersburg, TN 3802426.2 mi110$29,026,690$239,000$263,879
63837Clarkton, MO 6383726.9 mi2$167,500$83,750$83,750
72461Rector, AR 7246127.5 mi28$5,332,936$132,000$190,462

Frequently Asked Questions

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

As of January 2026, there are 7 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 $109,250 as of January 2026, a 70.1% decrease from $364,950 the prior year.

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

Homes in STEELE, MO 63877 spend an average of 161 days on the market before going under contract, compared to 189 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 January 2026, STEELE, MO 63877 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 161 days on market compared to 189 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 $2,185 compared to a typical 5% commission on the median listing price of $109,250. 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.