Metropolitan market · Missouri · September 2026 data

What is the Kennett, MO real estate market doing?

As of September 2026, the median home listed in Kennett, MO asks $128,000, up 14.0% year over year. Homes spend a median of 64 days on market, with 79 active listings and 13% carrying a price cut; pending contracts equal 23% of active listings, and inventory sits at 84% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$128,000
▲ 14.0% YoY
Median $ / sq ft
$84
1,511 sq ft median
Median days on market
64
September 2026
Active listings
79
For sale now
New listings
24
September 2026
Listings with price cuts
13%
Share of active
Inventory vs 2019
84%
Same month, 2019 = 100
Pending / active
23%
Contract activity
Median sale price (closed)
$91,250
▼ 48.6% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
14
Closed sales · July 2026, seasonally adjusted

What is the Kennett, MO housing market doing right now?

The Kennett, MO housing market lists at a $128,000 median as of September 2026, up 14.0% year over year, with a 64-day median market time and 79 homes for sale (13% with a price cut). Active inventory is 84% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Kennett housing market statistics

The table summarizes Kennett's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Kennett.

Kennett, MO housing market at a glance — September 2026
MetricLatestDetail
Median listing price$128,000+14.0% YoY
Median price per sq ft$841,511 sq ft median
Median days on market64+5% YoY
Active listings79+1% YoY
New listings this month24September 2026
Listings with a price cut13%Share of active
Median sale price (closed)$91,250-48.6% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio22.9%18 pending
Inventory vs 201984%Active listings vs same month in 2019

How have home prices changed in Kennett?

Kennett home prices are up 14.0% year over year and +6.8% month over month as of September 2026, at a $128,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$128K$120K$113K$105K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Kennett MO · trailing 8 quarters · source: public records and industry data.

The 10-year view
$125K$108K$90K$73K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Kennett MO · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Kennett?

Kennett has 79 active listings, 24 new this month, 18 pending as of September 2026. About 13% of active listings have cut their price, and inventory sits at 84% of its 2019 level — a buyer's market by pace.

Active listings
79
New this month
24
Pending
18
Price-reduced
10

Is Kennett a good real estate investment?

Kennett scores 74/100 on WealthyBud's composite Investor Score, ranking #55 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
74/100
#55 of 933 covered metros
12-month outlook
+5.2%
▲ Rising · model output, not advice
Momentum
79
Value
98
Rental yield
94
Supply risk
43
Market heat
33

Kennett scores 74/100 on our composite Investor Score (#55 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 84% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 14.0% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Kennett ranks on the trending markets index.

How much is a monthly mortgage payment in Kennett?

A home at Kennett's $128,000 median listing runs about $701 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$632/mo
−$68/mo vs today
At today's rate · 7.28%
$701/mo
National weekly average
If rates rise 1% · 8.28%
$771/mo
+$71/mo vs today

Principal & interest on the $128,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Kennett?

To buy Kennett’s $128,000 median listing with 20% down, a household needs about $33,000 a year in gross income, keeping principal, interest and property tax ($774/mo) at 28% of income. The area’s median household income is $47,368, so the median listing is within reach of a typical Kennett household on these terms.

Income needed to buy the median home in Kennett, MO — September 2026
ItemAmountBasis
Median listing price$128,000September 2026
Down payment (20%)$25,600Assumption
Principal & interest (7.28%, 30-yr fixed)$701/moRate as of 2026-10-01
Property tax (0.69% effective rate)$74/moCensus ACS
Income needed (28% rule)$33,000Gross household income / yr
Median household income$47,368Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Kennett housing market?

Longer-run demand in Kennett shows up in 26 homes permitted in 2025; net migration of -93 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
26
▼ 13.3% vs 2024
0.9 per 1,000 residents
Net migration (2022–2023)
-93
▼ people, via tax-return records
net income flow −$4.68M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Kennett housing market FAQ

What is the median home price in Kennett?
As of September 2026, the median listing price in Kennett, MO is $128,000, up 14.0% year over year (source: public records and industry data). Figures cover the Kennett, MO metro area.
How much does it cost to buy a home in Kennett?
The median home listed in Kennett asks $128,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $701 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Kennett?
The median property in Kennett spends 64 days on the market, with 79 homes actively listed and 13% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Kennett?
With a median 64 days on market and 13% of active listings carrying a price cut, pending contracts at 23% of active listings, Kennett reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Kennett a good place to invest in real estate?
Kennett scores 74/100 on WealthyBud's Investor Score, ranking #55 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Kennett?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Kennett and the wider Missouri market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Kennett, MO metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Missouri housing markets

Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.