Homes Under $500K for Sale in Drexel, MO
· 14 homes fit this search14 homes fit this search · Sorted by Newest Listed
About Homes Under $500K in Drexel, MO
Drexel, MO has 14 homes under $500k for sale right now, with a median list price of $198,400. These homes under $500k were built between 1925 and 1958. They range from 1,591 to 1,608 square feet.
Housing market trends in Drexel, MO (all homes)
19
Homes for sale in Drexel
$235,000
Median list price
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $188,000 | — | $295,000 |
| Median price per sq ft | $119 | — | $257 |
| Homes sold | 1 | 0 | 1 |
| New listings | 1 | 10 | 2 |
| Went under contract | 3 | 4 | 4 |
Price Cut · $5K
Price Cut · $4K
25 photos
Price Cut · $56K
13 photos
5+ acre lot
13 photos
2+ acre lot
13 photos
5+ acre lot
① Drexel itself — the place you are on
Popular home searches in Drexel
| Search | For sale |
|---|---|
| Luxury homes | For sale2 |
| Price-reduced homes | For sale7 |
| Homes under contract | For sale8 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Drexel
| Price range | For sale |
|---|---|
| Under $200,000 | For sale7 |
| Under $300,000 | For sale12 |
| Under $400,000 | For sale14 |
| Under $500,000 | For sale14 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
③ Nearby cities — two steps out
Search homes nearby Drexel
| Place | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | Median list | Sell-to-list | Days to contract | For sale | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Drexel | Buyer's ▲ | 6.5 mo | Median$235,000 | 95% | 43d | 19 | 0 | 8 |
| Raymore | Balanced | 4.7 mo | Median$380,000 | 96% | 27d | 195 | 6 | 95 |
| Belton | Seller's | 2.7 mo | Median$339,900 | 100% | 22d | 81 | 4 | 38 |
| Pleasant Hill | Balanced | 4.4 mo | Median$250,000 | 96% | 22d | 84 | 6 | 20 |
| Harrisonville | Balanced | 4.7 mo | Median$329,999 | 93% | 29d | 85 | 1 | 13 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- Median list.
- The middle asking price among the homes for sale right now. Half are listed above it, half below.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.