Is 65202, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 65202 has remained a Seller's Market.
Key Takeaway
65202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 65202, MO
How much do homes in 65202, MO cost?
Median Sold Price
$255,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 65202 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 65202 was $255,000 in March 2024, up 8.7% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $89.9K | +38.3% |
| 2 Bedrooms | $141.5K | $158K | +11.7% |
| 3 Bedrooms | $228K | $244.2K | +7.1% |
| 4 Bedrooms | $265K | $297K | +12.1% |
| 5+ Bedrooms | $335K | $360K | +7.5% |
Summary: 65202 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.3%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 7.5%.
Housing Supply in 65202, MO
How many homes are available in 65202, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 126 | 155 | +23.0% |
Summary: The 65202 real estate market had 155 homes for sale in March 2024, a 23.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 76 | 90 | +18.4% |
| 4 Bedrooms | 42 | 47 | +11.9% |
| 5+ Bedrooms | 5 | 12 | +140.0% |
Summary: The 65202 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 increased by 100%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 140%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 45 | +87.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 65202, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 45 homes were sold or pending in 65202 in March 2024, up by 87.5% month-over-month. Of the 42 sold homes, 33% were sold under asking, 24% were sold at asking, and 43% were sold over asking.
Days on Market for 65202, MO
How long does it take to sell a home in 65202, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 23 Days | +10.1% |
Summary: Homes in 65202 had an average of 23 days on market in Mar 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 65202 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 45 homes were sold in 65202; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
