Is Mountain View, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain View is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Mountain View was a Seller's Market.

Key Takeaway

Mountain View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mountain View, MO

How much do homes in Mountain View, MO cost?

Median Sold Price

$165,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,500(+6.8%)

Key Takeaway

Homes in Mountain View have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Mountain View was $165,000 in May 2024, up 6.8% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $97K$89.9K
-7.3%
2 $65K$87K
+33.8%
3 $165K$210K
+27.3%
4 $149.9K$299.5K
+99.8%
5+ $395K$214K
-45.8%

Summary: Mountain View housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 99.8%, and 5+ bedroom homes decreased by 45.8%.

Median Sold Price Compared To Nearby Cities

Mountain View
+6.8%
Goldsberry Township
-15.0%

Housing Supply in Mountain View, MO

How many homes are available in Mountain View, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3637+2.8%

Summary: The Mountain View real estate market had 37 homes for sale in May 2024, a 2.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 129
-25.0%
3 1212
0.0%
4 812
+50.0%
5+ 33
0.0%

Summary: The Mountain View housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain View, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mountain View in May 2024, up by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Mountain View, MO

How long does it take to sell a home in Mountain View, MO?

Average Sale Time

May 2023May 2024CHANGE
47 Days31 Days-34.6%

Summary: Homes in Mountain View had an average of 31 days on market in May 2024, down by 34.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mountain View are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Mountain View; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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