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Featured local agent — Hannibal, MO
Sarah Mitchell
Compass Real Estate · Hannibal, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hannibal, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$242,500median sale price
How is the Hannibal, MO housing market right now?
The median home sale price in Hannibal, MO is $242,500, up 78.3% year-over-year. Homes sell in an average of 47 days with 48 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hannibal a buyer's or seller's market?
Hannibal, MO is currently a balanced market, based on 3.0 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
47
Average pace
Active listings
48
3.0 months supply
Sale-to-list
96.0%
Below asking
What does the Hannibal housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $242,500 |
| Median list price | $249,000 |
| Year-over-year price change | +78.3% |
| Average days on market | 47 days |
| Active inventory | 48 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 96.0% |
| Median price per sq ft | $123/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 17 |
| Listings with a price cut | 22.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hannibal by property type?
How the Hannibal, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $204,500 | $116/sq ft | 14 | 45 days |
| Condo / Co-op | $270,000 | $161/sq ft | 2 | 48 days |
| Townhouse | $359,000 | $103/sq ft | 1 | 236 days |
Source: Redfin · Updated monthly
The Hannibal housing market is currently classified as a balanced market with a median sale price of $242,500. Prices have risen 78.3% compared to last year, with homes spending an average of 47 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Hannibal
There are currently 48 homes listed for sale in Hannibal, Missouri. The median listing price is $249K.
Active listings
48
Homes on market
Median list price
$249K
Avg. days on market
47
Days until sale
New this week
17
Newly listed
Who lives in Hannibal?
Population
16,825
Median income
$54,071/yr
Median age
38.3 years
Owner-occupied
63.5%
College grads
22.3%
Avg commute
16 min
Source: U.S. Census Bureau ACS
What are homes worth in Hannibal?
Zillow home value
$178,672
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Hannibal?
Hannibal is a community of approximately 17K residents with a median age of 38.3 years.The median household income is $54,071, which represents a working-class community with solid middle-income opportunities. 22.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.5%, showing a blend of owner and renter-occupied properties. The average commute time is 16 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hannibal offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hannibal?
10 schools tracked · 3,405 students
The largest public schools serving Hannibal, MO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
HANNIBAL SR. HIGH
Grades 9-12 · 1,050 students
HANNIBAL MIDDLE
Grades 6-8 · 656 students
VETERANS ELEM.
Grades K-5 · 437 students
MARK TWAIN ELEM.
Grades K-5 · 372 students
OAKWOOD ELEM.
Grades K-5 · 273 students
A. D. STOWELL ELEM.
Grades PK-5 · 230 students
EUGENE FIELD ELEM.
Grades PK-5 · 189 students
EARLY CHILDHOOD CENTER
Grades PK · 172 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hannibal, MO?
Want a head-to-head view? Compare Hannibal side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hannibal?
The median home sale price in Hannibal is $242,500, up 78.3% from last year.
How long do homes stay on market in Hannibal?
Homes typically spend 47 days on market before going under contract.
What is the median income in Hannibal?
The median household income is $54,071 per year.
Is Hannibal a buyer's or seller's market?
With 3.0 months of supply, Hannibal is currently a balanced market.
What is the Zillow home value estimate for Hannibal?
The Zillow Home Value Index (ZHVI) for Hannibal is $178,672, representing the typical home value in the area.
What is the median condo price in Hannibal?
The median condo/co-op sale price in Hannibal, MO is $270,000, compared to $204,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hannibal?
The median single-family home price in Hannibal, MO is $204,500 (about $116 per square foot).
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