Is 64856, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64856 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 64856 has remained a Seller's Market.

Key Takeaway

64856 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 64856, MO

How much do homes in 64856, MO cost?

Median Sold Price

$242,393

$153/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$14,893(+6.5%)

Key Takeaway

Homes in 64856 have sold for 6.5% more than they did a month ago.

Summary: The median home sold price in 64856 was $242,393 in March 2024, up 6.5% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $125K$140K
+12.0%
3 $227.5K$245K
+7.7%
4 $304.9K-
N/A
5+ --
N/A

Summary: 64856 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 7.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

64854
+53.5%
64856
+6.5%

Housing Supply in 64856, MO

How many homes are available in 64856, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2319-17.4%

Summary: The 64856 real estate market had 19 homes for sale in March 2024, a 17.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1311
-15.4%
4 31
-66.7%
5+ 00
0.0%

Summary: The 64856 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 64856, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 64856 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 64856, MO

How long does it take to sell a home in 64856, MO?

Average Sale Time

Feb 2024Mar 2024CHANGE
159 Days105 Days-34.2%

Summary: Homes in 64856 had an average of 105 days on market in Mar 2024, down by 34.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 64856 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 6 homes were sold in 64856; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 19 Days Ago

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