Is 64870, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64870 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 64870 has remained a Seller's Market.

Key Takeaway

64870 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 64870, MO

How much do homes in 64870, MO cost?

Median Sold Price

$189,900

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$13,256(+7.5%)

Key Takeaway

Homes in 64870 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 64870 was $189,900 in March 2024, up 7.5% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $44K$58.7K
+33.5%
2 $94.7K$110K
+16.1%
3 $175K$187.1K
+6.9%
4 $294.2K$295.9K
+0.6%
5+ $304.5K$387.5K
+27.2%

Summary: 64870 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.5%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 27.2%.

Median Sold Price Compared To Nearby Zip Codes

64835
+16.6%
64870
+7.5%
64801
+6.6%
64834
-4.7%

Housing Supply in 64870, MO

How many homes are available in 64870, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
109103-5.5%

Summary: The 64870 real estate market had 103 homes for sale in March 2024, a 5.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 1715
-11.8%
3 5551
-7.3%
4 2224
+9.1%
5+ 1310
-23.1%

Summary: The 64870 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2425+4.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 64870, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 64870 in March 2024, up by 4.2% month-over-month. Of the 24 sold homes, 29% were sold under asking, 29% were sold at asking, and 42% were sold over asking.

Days on Market for 64870, MO

How long does it take to sell a home in 64870, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
91 Days83 Days-9.5%

Summary: Homes in 64870 had an average of 83 days on market in Mar 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 64870 has remained consistent over time.

Summary: During March 2024, 25 homes were sold in 64870; 12% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 36% 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 26 Days Ago

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