Is 65109, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 65109 has remained a Seller's Market.
Key Takeaway
65109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 65109, MO
How much do homes in 65109, MO cost?
Median Sold Price
$230,500
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 65109 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 65109 was $230,500 in April 2024, up 4.8% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $111.5K | +1.4% |
| 2 Bedrooms | $90.2K | $171K | +89.5% |
| 3 Bedrooms | $205K | $228K | +11.2% |
| 4 Bedrooms | $263.2K | $289.9K | +10.1% |
| 5+ Bedrooms | $289.5K | $350K | +20.9% |
Summary: 65109 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 89.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 20.9%.
Housing Supply in 65109, MO
How many homes are available in 65109, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The 65109 real estate market had 19 homes for sale in April 2024, a 9.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 65109 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 65109, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 65109 in April 2024, down by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 65109, MO
How long does it take to sell a home in 65109, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 2 Days | 5 Days | +122.2% |
Summary: Homes in 65109 had an average of 5 days on market in Apr 2024, up by 122.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 65109 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 65109; 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.
