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GALLATIN, MO 64640

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The GALLATIN, MO real estate market (64640) currently shows 29 active listings, with 4 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 74 days on market compared to 52 days last year.

The median listing price has risen 65.8% year-over-year, from $382,000 to $633,500.

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Market Context

Market Context

Population: 3,070  ·  Density: 8.2/mi²  ·  Median household income: $54,811

Typical home value: $156,227  ·  Homeownership: 72.1%

Market Overview

Active Listings
29
⇩ 6.5% vs 31 last year
Pending
4
14% pending ratio
Median Price
$633,500
⇧ 65.8% vs $382,000 last year
Average Price
$739,182
⇧ 50.2% vs $492,002 last year
Days on Market
74
⇧ 42.3% vs 52 days last year

Price Per Square Foot

Median $/sqft
$262
⇧ 27.2% vs $206/sqft last year
Median Home Size
2,036 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 31 last year
  • Days on market: 74 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $633,500 (+65.8% YoY)
  • Average: $739,182 (+50.2% 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 29.8 miles — 145 listings ($78,061,870 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
64640Gallatin, MO 646400.0 mi28$17,597,860$349,900$628,495
64647Jameson, MO 646479.0 mi2$598,900$299,450$299,450
64644Hamilton, MO 6464411.2 mi18$6,288,300$251,750$349,350
64625Breckenridge, MO 6462513.2 mi1$54,900$54,900$54,900
64497Weatherby, MO 6449714.8 mi2$2,467,500$1,233,750$1,233,750
64429Cameron, MO 6442918.8 mi45$13,975,065$275,000$310,557
64656Ludlow, MO 6465620.4 mi2$120,000$60,000$60,000
64683Trenton, MO 6468321.6 mi30$5,359,560$153,950$178,652
64637Cowgill, MO 6463722.7 mi3$499,350$114,450$166,450
64474Osborn, MO 6447425.2 mi2$669,950$334,975$334,975
64671Polo, MO 6467125.9 mi7$2,018,821$170,500$288,403
64493Turney, MO 6449326.8 mi1$595,000$595,000$595,000
64679Spickard, MO 6467929.8 mi4$27,816,664$4,572,500$6,954,166

Frequently Asked Questions

How many homes are for sale in GALLATIN, MO 64640?

As of September 2026, there are 29 active listings in GALLATIN, MO (zip code 64640), compared to 31 the prior year.

What is the median home price in GALLATIN, MO 64640?

The median listing price in GALLATIN, MO 64640 is $633,500 as of September 2026, a 65.8% increase from $382,000 the prior year.

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

Homes in GALLATIN, MO 64640 spend an average of 74 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in GALLATIN, MO 64640?

Based on current inventory and days-on-market data as of September 2026, GALLATIN, MO 64640 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 74 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GALLATIN, MO 64640 save an estimated $12,670 compared to a typical 5% commission on the median listing price of $633,500. 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.