Is Shell Knob, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Shell Knob was a Neutral Market.
Housing Prices in Shell Knob, MO
How much do homes in Shell Knob, MO cost?
Median Sold Price
$385,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Shell Knob was $385,000 in May 2024, up 0.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $201K | +3.1% |
2 Bedrooms | $224K | $200K | -10.7% |
3 Bedrooms | $385K | $400K | +3.9% |
4 Bedrooms | $600K | $634.5K | +5.8% |
5+ Bedrooms | $679K | $720K | +6.0% |
Summary: Shell Knob housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Alpine Township | $300.5K | $400K | +33.1% |
Shell Knob Township | $374K | $385K | +2.9% |
Shell Knob | $381.5K | $385K | +0.9% |
White River Township | $388.5K | $325K | -16.3% |
Housing Supply in Shell Knob, MO
How many homes are available in Shell Knob, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 55 | +10.0% |
Summary: The Shell Knob real estate market had 55 homes for sale in May 2024, a 10.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 10 | 6 | -40.0% |
3 Bedrooms | 22 | 30 | +36.4% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Shell Knob 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 40%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 5 | -54.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Shell Knob in May 2024, down by 54.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Shell Knob, MO
How long does it take to sell a home in Shell Knob, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
143 Days | 25 Days | -82.5% |
Summary: Homes in Shell Knob had an average of 25 days on market in May 2024, down by 82.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Shell Knob; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.