Is Lampe, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lampe has remained a Seller's Market.
Housing Prices in Lampe, MO
How much do homes in Lampe, MO cost?
Median Sold Price
$233,500
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118.5K | $166K | +40.1% |
2 Bedrooms | $165K | $127.2K | -22.9% |
3 Bedrooms | $370K | $337.5K | -8.8% |
4 Bedrooms | $535K | $552.5K | +3.3% |
5+ Bedrooms | $880K | $699K | -20.6% |
Summary: Lampe housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.1%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 20.6%.
Median Sold Price Compared To Nearby Cities
Ruth B Rural Township | $320K | $325K | +1.6% |
Pine A Township | $322.5K | $290.3K | -10.0% |
Pine B Township | $325K | $245K | -24.6% |
Lampe | $367K | $233.5K | -36.4% |
Housing Supply in Lampe, MO
How many homes are available in Lampe, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 35 | -27.1% |
Summary: The Lampe real estate market had 35 homes for sale in May 2024, a 27.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 17 | 8 | -52.9% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Lampe housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 52.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 6 | -53.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Lampe in May 2024, down by 53.8% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Lampe, MO
How long does it take to sell a home in Lampe, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 46 Days | -48.9% |
Summary: Homes in Lampe had an average of 46 days on market in May 2024, down by 48.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Lampe; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.