Is Walnut Grove, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Grove is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Walnut Grove was a Seller's Market.

Key Takeaway

Walnut Grove is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Walnut Grove, MO

How much do homes in Walnut Grove, MO cost?

Median Sold Price

$164,875

-

Based on all homes sold in May 2024.

Difference Since Last Month

-$193,875(-54.0%)

Key Takeaway

Homes in Walnut Grove have sold for 54% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $127.5K-
N/A
3 -$164.8K
N/A
4 $590K-
N/A
5+ --
N/A

Summary: Walnut Grove housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Walnut Grove
-54.0%
Walnut Grove Township
-54.0%

Housing Supply in Walnut Grove, MO

How many homes are available in Walnut Grove, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1113+18.2%

Summary: The Walnut Grove real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 36
+100.0%
4 54
-20.0%
5+ 01
+100.0%

Summary: The Walnut Grove 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 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Walnut Grove in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Walnut Grove, MO

How long does it take to sell a home in Walnut Grove, MO?

Average Sale Time

Apr 2024May 2024CHANGE
27 Days4 Days-85.5%

Summary: Homes in Walnut Grove had an average of 4 days on market in May 2024, down by 85.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Walnut Grove; 100% of homes were sold within 30 days, 0% 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

Newest Listings in Walnut Grove, MO

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