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Wilson Larimore HouseWilson Larimore House · Photo: National Park Service, U.S. Department of the Interior · Public domain
Housing in Spanish Lake

161 homes sold in Spanish Lake in the last year, at a typical $128K

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 Spanish Lake homes are listed.

Homes sold
161
October 2025 to September 2026
Typical sale price
$128K
median, weighted by sales
Price per square foot
$104
Missouri $163
Paid vs. asking
97.2%
29% sold over asking
For sale now
70
September 2026 · 11 sold that month
What sold · last 12 months

Houses are 99% of Spanish Lake’s sales, at a typical $135K (year to May 2026)

161 homes sold in the year to September 2026.

Houses$135K

typical sale · 184 sold in the year to May 2026

Per square foot
$101MO $163
Days to sell
33
Sold over asking
27%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $98K
Condos: 1 sold, typical $186K

Too few sales in 12 months for reliable figures.

13 years of sales

Fewer homes sell than before 2024, at 2.3 times the 2016 price

161 sales in the last year, against 250 in 2023 and a low of 159 in 2014. The typical sale went from $55K in 2016 to $128K.

Homes soldTypical sale price
062125187250$50K$100K$150K$200K2013: 190 sold, typical $40K’132014: 159 sold, typical $46K2015: 172 sold, typical $47K’152016: 181 sold, typical $55K2017: 216 sold, typical $62K’172018: 205 sold, typical $64K2019: 212 sold, typical $82K’192020: 180 sold, typical $95K2021: 206 sold, typical $113K’212022: 187 sold, typical $129K2023: 250 sold, typical $107K’232024: 218 sold, typical $124K2025: 193 sold, typical $131K’25Last 12 months: 161 sold, typical $128KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $150K buys in Spanish Lake

Houseat $101 a sq ft, year to May 2026
The same money in Missouriat $163 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Spanish Lake 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 · 13 years of sales

Bidding wars in Spanish Lake are more common than before the pandemic, with about as many homes for sale

We read every month of Spanish Lake’s home sales since 2013 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 September 2026, 161 sales.

If you’re buying in Spanish Lake

  • Shop in October. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Offer under asking. Buyers paid 97.2% of the list price on average; 29% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 35 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 23 a month), but July is the most competitive: 32% of July sales close over asking. October and November offer nearly as much choice with fewer homes bid up (25%). January has the least competition (19%).

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 15 new listings a month, 19% sold over asking, 37 days to sellJFeb: 15 new listings a month, 27% sold over asking, 45 days to sellFMar: 23 new listings a month, 29% sold over asking, 40 days to sellMApr: 19 new listings a month, 32% sold over asking, 38 days to sellAMay: 21 new listings a month, 26% sold over asking, 29 days to sellMJun: 23 new listings a month, 28% sold over asking, 25 days to sellJJul: 23 new listings a month, 32% sold over asking, 38 days to sellJAug: 21 new listings a month, 31% sold over asking, 37 days to sellASep: 22 new listings a month, 31% sold over asking, 42 days to sellSOct: 22 new listings a month, 25% sold over asking, 32 days to sellONov: 21 new listings a month, 28% sold over asking, 36 days to sellNDec: 14 new listings a month, 25% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Missouri

Spanish Lake now2017–192021 peakMO now
Sold over askingShare of sales that closed above the list price29%19%41%20%
Gone within two weeksShare of homes under contract within 14 days34%——42%
Price paid vs. askingAverage sale price ÷ list price97.2%94.4%99.6%98.3%
Days to sellMedian days from listing to contract35372638
Supply

48 homes for sale on a typical day

That’s 1.7 times the 2021 low (28), about the 2017–19 level and well under 2015’s 66.

2013: 48 for sale’132014: 46 for sale2015: 66 for sale2016: 59 for sale’162017: 48 for sale2018: 45 for sale2019: 41 for sale’192020: 32 for sale2021: 28 for sale2022: 31 for sale’222023: 42 for sale2024: 35 for sale2025: 43 for sale’25Last 12 months: 48 for saleNow
Across Missouri

Spanish Lake ranks 85th of 170 busy Missouri markets for bidding wars

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

Source: Redfin Data Center, city figures, January 2013 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Spanish Lake home costs about $850 a month

Mortgage
Property tax
Insurance
Rent

Price: Spanish Lake’s typical sale, last 12 months. Property tax at Spanish Lake’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Spanish Lake is affordable on local pay is on Cost of living.

Before you buy in Spanish Lake

Six things worth knowing

23

New listings in March

The month with the most choice. December has the fewest, about 14.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $128K home, about $2,170 a year.

Taxes vs. neighbors
D

Schools

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

Schools in Spanish Lake
25 min

Typical commute

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

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

Glasgow Village, Bellefontaine Neighbors, Riverview, Castle Point and Moline Acres sell for less a square foot; Black Jack for far more

The busier markets within 25 miles of Spanish Lake, 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
Spanish Lake161$128K$10429%35
Bellefontaine Neighbors147$111K$9326%31
Glasgow Village95$93K$9519%43
Black Jack67$253K$13936%56
Castle Point52$96K$9123%48
Moline Acres40$95K$8720%50
Riverview37$71K$588%59

Redfin Data Center, October 2025 to September 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 Spanish Lake, free

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

Questions about buying a home in Spanish Lake

What do homes sell for in Spanish Lake, MO?

161 homes sold in the year to September 2026 at a typical $128K, $104 a square foot.

Is Spanish Lake a buyer’s or seller’s market?

A buyer’s market: 70 homes were for sale in September 2026 and 11 sold, about 6.2 months of supply. Buyers paid 97.2% of asking on average.

When is the best time to buy in Spanish Lake?

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

How much are property taxes in Spanish Lake?

About 1.7% of a home’s value a year. On a $128K home that’s near $2,170.

Where can I see homes for sale in Spanish Lake?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).