Is 64855, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64855 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 64855 has remained a Seller's Market.

Key Takeaway

64855 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 64855, MO

How much do homes in 64855, MO cost?

Median Sold Price

$215,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$31,000(+16.8%)

Key Takeaway

Homes in 64855 have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in 64855 was $215,000 in March 2024, up 16.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $68K-
N/A
2 $154.5K$185K
+19.7%
3 $180K$202K
+12.2%
4 $237.5K$257K
+8.2%
5+ -$527.5K
N/A

Summary: 64855 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

64855
+16.8%
64755
+13.1%
64870
+7.5%

Housing Supply in 64855, MO

How many homes are available in 64855, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1417+21.4%

Summary: The 64855 real estate market had 17 homes for sale in March 2024, a 21.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 1010
0.0%
4 46
+50.0%
5+ 00
0.0%

Summary: The 64855 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were 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 64855, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 64855 in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 64855, MO

How long does it take to sell a home in 64855, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days67 Days+35.4%

Summary: Homes in 64855 had an average of 67 days on market in Mar 2024, up by 35.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 64855 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 64855; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

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