Is 65233, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65233 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 65233 has remained a Seller's Market.

Key Takeaway

65233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65233, MO

How much do homes in 65233, MO cost?

Median Sold Price

$208,500

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,397(+9.1%)

Key Takeaway

Homes in 65233 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 65233 was $208,500 in April 2024, up 9.1% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $85.5K$80K
-6.4%
2 $120K$130K
+8.3%
3 $189K$182K
-3.7%
4 $222K$305K
+37.4%
5+ $210K$299.4K
+42.6%

Summary: 65233 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes increased by 42.6%.

Housing Supply in 65233, MO

How many homes are available in 65233, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2423-4.2%

Summary: The 65233 real estate market had 23 homes for sale in April 2024, a 4.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1014
+40.0%
4 115
-54.5%
5+ 11
0.0%

Summary: The 65233 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 50%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65233, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 65233 in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for 65233, MO

How long does it take to sell a home in 65233, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
33 Days22 Days-31.6%

Summary: Homes in 65233 had an average of 22 days on market in Apr 2024, down by 31.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65233 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 65233; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% 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 4 Days Ago

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