Is 65201, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65201 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 65201 has remained a Seller's Market.

Key Takeaway

65201 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65201, MO

How much do homes in 65201, MO cost?

Median Sold Price

$338,166

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,166(+7.4%)

Key Takeaway

Homes in 65201 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 65201 was $338,166 in April 2024, up 7.4% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$130K
N/A
2 $123.4K$170.5K
+38.1%
3 $263.7K$312.5K
+18.5%
4 $444.9K$428K
-3.8%
5+ $605K$575K
-5.0%

Summary: 65201 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Zip Codes

65202
+8.5%
65201
+7.4%
65203
+6.3%
65010
+4.7%

Housing Supply in 65201, MO

How many homes are available in 65201, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98112+14.3%

Summary: The 65201 real estate market had 112 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 6062
+3.3%
4 1923
+21.1%
5+ 915
+66.7%

Summary: The 65201 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 increased by 22.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2426+8.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65201, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 65201 in April 2024, up by 8.3% month-over-month. Of the 26 sold homes, 27% were sold under asking, 31% were sold at asking, and 42% were sold over asking.

Days on Market for 65201, MO

How long does it take to sell a home in 65201, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days35 Days-22.3%

Summary: Homes in 65201 had an average of 35 days on market in Apr 2024, down by 22.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65201 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 26 homes were sold in 65201; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% 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 3 Days Ago

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