Is 65231, 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, 65231 has remained a Seller's Market.
Key Takeaway
65231 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 65231, MO
How much do homes in 65231, MO cost?
Median Sold Price
$185,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 65231 have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in 65231 was $185,000 in April 2024, up 17.5% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187.5K | - | N/A |
| 2 Bedrooms | $90.9K | $150K | +65.0% |
| 3 Bedrooms | $157.5K | $192.5K | +22.2% |
| 4 Bedrooms | $140K | $340K | +142.9% |
| 5+ Bedrooms | $264K | $165K | -37.5% |
Summary: 65231 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 65%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 142.9%, and 5+ bedroom homes decreased by 37.5%.
Housing Supply in 65231, MO
How many homes are available in 65231, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Summary: The 65231 real estate market had 7 homes for sale in April 2024, a 133.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 65231 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 remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 65231, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 65231 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 65231, MO
How long does it take to sell a home in 65231, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 231 Days | 6 Days | -97.4% |
Summary: Homes in 65231 had an average of 6 days on market in Apr 2024, down by 97.4% compared to last year.
Breakdown of Home Sale Times
2 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 65231 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in 65231; 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.
