Republic closed 20 priced home sales in October 2026, against 39 a year ago, the largest drop in this report. The homes that sold brought more, at a median of $294,500, up 10.2%. New contracts rose to 25 from 19 in September, but are still down 37.5% from a year ago, and more sellers are listing.
Here is what a small closing month says, and what it does not.
Absorption rate: 3.53 months. Republic has 3.53 months of supply at the current sales pace. Under 6 months is generally a seller’s market; 3 to 6 months still favors sellers, but buyers have more room.
Fewer closings, more new listings
October’s 20 closings follow slow contract months in late summer: Republic wrote 31 new contracts in August and 19 in September, against 38 and 39 in 2025. October picked up to 25, still down 37.5%. Supply went the other way: 53 new listings came on, up 35.9%, and active inventory was 132, up 5.6%. Absorption rose to 3.53 months of supply from 2.99 a year ago, the second-highest in this report after Strafford. Even so, homes sold at 99.5% of final list price and 97.5% of original list, second only to Willard on both.
| Price band | October 2025 sold | October 2026 sold | Change |
|---|---|---|---|
| $140K – $160K | 0 | 1 | N/A |
| $160K – $180K | 2 | 0 | −100% |
| $200K – $250K | 11 | 5 | −55% |
| $250K – $300K | 14 | 4 | −71% |
| $300K – $400K | 10 | 7 | −30% |
| $400K – $500K | 2 | 1 | −50% |
| $700K – $800K | 0 | 1 | N/A |
| $800K – $900K | 0 | 1 | N/A |
Source: Southern Missouri Regional MLS via Flexmls, October 2026 vs. October 2025, residential closed sales with a reported sale price, Republic (Greene County), MO.
Why the average jumped
The median was $294,500, up 10.2%, and the average was $346,342, up 23.9%. Sales between $700,000 and $900,000 (2, against 0 a year ago) pulled the average up. 10 of the month’s 20 sales closed under $300,000. On this few sales, a couple of high-end closings move these numbers a lot. The year-to-date median of $270,340, down 0.8% from 2025, is the better read on Republic values, and it says prices are flat.
What buyers should know right now
- Republic had 128 active listings as of November 1, and 45 were priced under $300,000, more than any city in this report except Springfield.
- More homes are coming on: 53 new listings in October, up 35.9% from a year ago. That gives you more choice than buyers had last fall.
- Homes are taking longer to sell than in most of our report, a median of 38 days in October, though faster than the 56 days a year ago. That leaves time to compare.
- Expect to pay close to asking on well-priced homes: Republic homes sold at 99.5% of final list price, the second-highest ratio in this report.
What sellers should know right now
- Buyers are still paying close to full price: 99.5% of final list and 97.5% of original list.
- You have more competition: 53 new listings arrived in October against 39 a year ago, and months of supply rose to 3.53.
- Year-to-date prices are flat (down 0.8%). Price against recent Republic closings rather than expecting the gains Nixa and Marshfield have seen.
- Plan on a few weeks to contract. The October median was 38 days.
Year-to-date trends (Jan–Oct 2026 vs. 2025)
Republic homes sold at 99.5% of list price in October, but more sellers are listing. Find out what your home 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
Republic’s year to date shows 342 closings, down 18.0%, and 356 new contracts against 442, the largest year-to-date declines in this report on both counts. New listings are down 10.1% for the year, so this is a smaller market on both sides. October’s rise in new listings, if it continues, will tip things further toward buyers. Expect prices to stay flat and sellers to negotiate more this winter.
The bigger picture
Republic’s market has been smaller for most of the year, with fewer listings and fewer buyers than in 2025. The buyers who are active still pay close to asking for well-priced homes. October’s jump in new listings is the change to watch: more supply with fewer contracts is how a seller’s market softens.
Republic real estate: frequently asked questions
Is now a good time to buy a home in Republic, MO?
Republic had 132 active listings in October 2026 with 3.53 months of supply, up from 2.99 a year ago, and 45 active listings under $300,000 as of November 1. New listings rose to 53 from 39, so buyers have more choice than last fall.
Are home prices going up or down in Republic, MO?
Republic’s median sale price was $294,500 in October 2026, up 10.2% from a year ago, but on only 20 sales. The year-to-date median is $270,340, down 0.8% from 2025, so prices are essentially flat.
How fast do homes sell in Republic, MO?
The median Republic home that sold in October 2026 went under contract in 38 days of cumulative market time, down from 56 a year earlier. The year-to-date median is 31 days.
How much does a home cost in Republic, MO?
Republic homes sold at a median of $294,500 in October 2026, with a year-to-date median of $270,340. 10 of October’s 20 sales closed under $300,000.
Figures reflect residential sales in Republic (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.