Fair Grove had the tightest supply in this report in October 2026: 2.16 months, with 11 homes for sale at month end. The 5 homes that closed went under contract in a median of just 5 days, the fastest in our report. The median sale was $225,000, but with five sales, that number says more about which homes sold than about values.
Here is how to read a very small month, and what the year-to-date numbers say.
Absorption rate: 2.16 months. Fair Grove has 2.16 months of supply at the current sales pace. Under 6 months is generally a seller’s market; under 3 months is strong seller territory.
Very few homes, and they sell fast
Fair Grove’s absorption rate of 2.16 months was the lowest of the eight cities in this report. Only 11 homes were listed at the end of October, against 13 a year ago, and on November 1 the active count was 7. Buyers wrote 7 new contracts, against 6 a year ago, more than the 5 that closed. The homes that sold went under contract in a median of 5 days, against 26 last October, at 99.3% of final list price and 94.9% of original list.
| Price band | October 2025 sold | October 2026 sold | Change |
|---|---|---|---|
| $180K – $200K | 0 | 1 | N/A |
| $200K – $250K | 1 | 2 | +100% |
| $250K – $300K | 2 | 1 | −50% |
| $300K – $400K | 2 | 1 | −50% |
| $400K – $500K | 1 | 0 | −100% |
| $500K – $600K | 1 | 0 | −100% |
Source: Southern Missouri Regional MLS via Flexmls, October 2026 vs. October 2025, residential closed sales with a reported sale price, Fair Grove (Greene County), MO.
Why the October median is not the number to use
The median was $225,000, down 40.0%, and the average was $244,800, down 34.2%. All 5 October sales closed between $180,000 and $330,000, while last October’s 7 sales included 2 above $400,000. On this few sales, one or two homes swing these numbers by tens of thousands of dollars. The year-to-date figures are the reliable ones: 46 sales against 48 in 2025, at a median of $304,000 against $328,000, down 7.3%. That is the largest year-to-date decline in our report, though it rests on fewer than 50 sales a year, so the mix of homes still matters.
What buyers should know right now
- There are very few homes for sale: 7 active listings as of November 1. Set up instant alerts if Fair Grove is your target.
- Most of what is listed is priced high. The median active listing was $550,000, well above the year-to-date sale median of $304,000, and only 2 were under $300,000.
- Homes that are priced right go fast, a 5-day median in October. Be ready to act.
- Fair Grove sits about 20 minutes northeast of Springfield, much of it is USDA-eligible, and it is in the Fair Grove R-X district. It is not a discount market: the year-to-date median is above Springfield’s $248,000.
What sellers should know right now
- You face almost no competition: 7 active listings as of November 1.
- Homes priced at recent sales went under contract in a median of 5 days in October and 18 days year to date, far faster than 43 days in 2025.
- Overall, sellers got 94.9% of their original asking price in October. Price at the year-to-date median range, not at the top of the active listings.
- With so few sales each month, a local broker’s read on recent comparable sales matters more here than in larger towns.
Year-to-date trends (Jan–Oct 2026 vs. 2025)
With only 7 homes listed in Fair Grove, the right price can sell in days. Find out what yours would sell for with a real, agent-reviewed valuation.
Or call Zac directly at 417-413-4305 for a 10-minute market conversation.
What this means for the rest of 2026
Fair Grove’s year to date shows 46 sales against 48 in 2025, and 55 new contracts against 56, nearly even. Inventory totaled across the year is 19.6% lower. Expect supply to stay very tight and homes to keep selling quickly, with prices near the year-to-date median.
The bigger picture
Fair Grove closes four or five homes in a typical month, so one month’s percentages swing hard. The year tells the real story: about the same number of sales as 2025, much faster sales, less inventory, and a year-to-date median down 7.3%. Watch whether lower-priced sales keep leading in the months ahead.
Fair Grove real estate: frequently asked questions
Is now a good time to buy a home in Fair Grove, MO?
Fair Grove had only 11 active listings at the end of October 2026, with 2.16 months of supply, the tightest in our report. Homes sold in a median of 5 days, so buyers need to be ready to move quickly.
Are home prices going up or down in Fair Grove, MO?
Fair Grove’s October 2026 median was $225,000, down 40.0% from a year ago, but that is based on five sales. The year-to-date median is $304,000, down 7.3% from 2025, which is the better guide.
How fast do homes sell in Fair Grove, MO?
The median Fair Grove home that sold in October 2026 went under contract in 5 days of cumulative market time, down from 26 a year earlier. Year to date, the median is 18 days, compared with 43 in 2025.
How much does a home cost in Fair Grove, MO?
Fair Grove homes sold at a median of $225,000 in October 2026, with a year-to-date median of $304,000, which is the better guide given only a handful of sales each month. Fair Grove’s year-to-date median is above Springfield’s.
Figures reflect residential sales in Fair Grove (Greene County), MO for October 2026 compared with October 2025, pulled from the Southern Missouri Regional MLS via Flexmls on November 1, 2026. Sold counts, prices and price bands use closed sales with a reported sale price. Days on market is the median CDOM (cumulative days on market). Active inventory, pending sales, new listings, sale-to-list ratios and absorption are the MLS monthly statistics. Year-to-date figures cover January through October. Prior-month figures can shift slightly as late sales are recorded. Market data is provided for general information and is not a guarantee of future results or a substitute for professional or financial advice.