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Housing in Hannibal

221 homes sold in Hannibal in the last year, at a typical $165K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hannibal homes are listed.

Homes sold
221
June 2025 to May 2026
Typical sale price
$165K
median, weighted by sales
Price per square foot
$105
Missouri $163
Paid vs. asking
95.2%
17% sold over asking
For sale now
48
May 2026 · 16 sold that month
What sold · last 12 months

Houses are 92% of Hannibal’s sales, at a typical $163K

221 homes sold in the year to May 2026.

Houses$163K

typical sale · 204 sold in 12 months

Per square foot
$104MO $163
Days to sell
57
Sold over asking
17%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 12 sold, typical $129K
Townhouses: 1 sold, typical $359K
Condos: 4 sold, typical $211K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

221 sales in the last year, against 262 in 2022 and a low of 181 in 2014. The typical sale went from $86K in 2016 to $165K.

Homes soldTypical sale price
075150225300$50K$100K$150K$200K2012: 186 sold, typical $71K’122013: 225 sold, typical $69K2014: 181 sold, typical $86K’142015: 196 sold, typical $81K2016: 204 sold, typical $86K’162017: 210 sold, typical $82K2018: 195 sold, typical $90K’182019: 220 sold, typical $104K2020: 244 sold, typical $114K’202021: 248 sold, typical $130K2022: 262 sold, typical $123K’222023: 213 sold, typical $132K2024: 204 sold, typical $146K’242025: 242 sold, typical $162KLast 12 months: 221 sold, typical $165KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Hannibal

Houseat $104 a sq ft
The same money in Missouriat $163 a sq ft

Is this asking price fair?

Check a listing against what Hannibal homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Hannibal are more common than before the pandemic, and more homes are for sale

We read every month of Hannibal’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 221 sales.

If you’re buying in Hannibal

  • Shop in October. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • Less room to haggle. Only 25% of listings cut their price, against 34% before the pandemic.
  • Offer under asking. Buyers paid 95.2% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 54 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 24 a month), but July is the most competitive: 16% of July sales close over asking. October offers nearly as much choice with fewer homes bid up (10%). August has the least competition (6%).

New listings a monthShare sold over asking
06.312.518.8257%13%20%Sweet spotJan: 15 new listings a month, 9% sold over asking, 73 days to sellJFeb: 14 new listings a month, 9% sold over asking, 66 days to sellFMar: 24 new listings a month, 14% sold over asking, 72 days to sellMApr: 20 new listings a month, 12% sold over asking, 63 days to sellAMay: 23 new listings a month, 15% sold over asking, 68 days to sellMJun: 21 new listings a month, 12% sold over asking, 61 days to sellJJul: 18 new listings a month, 16% sold over asking, 56 days to sellJAug: 18 new listings a month, 6% sold over asking, 61 days to sellASep: 18 new listings a month, 16% sold over asking, 55 days to sellSOct: 19 new listings a month, 10% sold over asking, 68 days to sellONov: 14 new listings a month, 9% sold over asking, 76 days to sellNDec: 12 new listings a month, 8% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Missouri as a whole

Hannibal now2017–192021 peakMO now
Sold over askingShare of sales that closed above the list price17%8%18%21%
Gone within two weeksShare of homes under contract within 14 days37%11%53%42%
Listings with a price cutShare of homes for sale that cut their price25%34%21%27%
Price paid vs. askingAverage sale price ÷ list price95.2%93.5%95.6%98%
Days to sellMedian days from listing to contract54774636
Supply

58 homes for sale on a typical day

That’s 1.5 times the 2023 low (40) and 16% more than in 2017–19.

2012: 61 for sale’122013: 61 for sale2014: 60 for sale2015: 62 for sale’152016: 63 for sale2017: 57 for sale2018: 51 for sale’182019: 44 for sale2020: 46 for sale2021: 43 for sale’212022: 52 for sale2023: 40 for sale2024: 47 for sale’242025: 62 for saleLast 12 months: 58 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against 34% in 2017–19 and 27% across Missouri.

2019: 34%’192020: 24%2021: 21%2022: 22%’222023: 24%2024: 23%2025: 24%’25Last 12 months: 25%Now
Prices by type

Since 2019, houses are up 54%, condos 77%

A house typically sold for $163K in the last year (204 sales), a condo for $211K (4).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $65K, 194 salesHouses 2014: $85K, 173 salesHouses 2015: $83K, 173 salesHouses 2016: $85K, 188 salesHouses 2017: $87K, 195 salesHouses 2018: $90K, 183 salesHouses 2019: $106K, 210 salesHouses 2020: $113K, 233 salesHouses 2021: $128K, 228 salesHouses 2022: $127K, 242 salesHouses 2023: $135K, 196 salesHouses 2024: $149K, 190 salesHouses 2025: $165K, 221 salesHouses last 12 months: $163K, 204 salesHouses $163KCondos 2013: $112K, 19 salesCondos 2014: $137K, 4 salesCondos 2015: $99K, 13 salesCondos 2016: $166K, 8 salesCondos 2018: $85K, 9 salesCondos 2019: $119K, 7 salesCondos 2020: $114K, 7 salesCondos 2021: $158K, 12 salesCondos 2022: $101K, 11 salesCondos 2023: $147K, 9 salesCondos 2024: $138K, 5 salesCondos 2025: $151K, 7 salesCondos last 12 months: $211K, 4 salesCondos $211K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Missouri

Hannibal ranks 86th of 122 busy Missouri markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Hannibal is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hannibal home costs about $979 a month

Mortgage
Property tax
Insurance
Rent

Price: Hannibal’s typical sale, last 12 months. Property tax at Hannibal’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hannibal is affordable on local pay is on Cost of living.

Before you buy in Hannibal

Six things worth knowing

24

New listings in March

The month with the most choice. December has the fewest, about 12.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $165K home, about $1,410 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Hannibal, from test results, graduation and how much students grow.

Schools in Hannibal
15 min

Typical commute

The average one-way trip to work for people who live in Hannibal.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Hannibal, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Quincy585$168K$10822%48
Hannibal221$165K$10517%54
Palmyra45$203K$11420%76

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hannibal, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hannibal. People who follow the town see it, and so do people comparing Hannibal with their own town. No commission, no listing fee.

Questions about buying a home in Hannibal

What do homes sell for in Hannibal, MO?

221 homes sold in the year to May 2026 at a typical $165K, $105 a square foot.

Is Hannibal a buyer’s or seller’s market?

A seller’s market: 48 homes were for sale in May 2026 and 16 sold, about 3 months of supply. Buyers paid 95.2% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Hannibal?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hannibal?

About 0.9% of a home’s value a year. On a $165K home that’s near $1,410.

Where can I see homes for sale in Hannibal?

Zillow, Redfin, Realtor.com and Homes.com all carry Hannibal’s MLS listings; the search links above open each one filtered to Hannibal.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).