Is 65251, 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, 65251 has remained a Seller's Market.
Key Takeaway
65251 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 65251, MO
How much do homes in 65251, MO cost?
Median Sold Price
$205,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 65251 have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in 65251 was $205,000 in April 2024, up 13.1% 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 | $84K | $64.2K | -23.5% |
| 2 Bedrooms | $126.5K | $133K | +5.1% |
| 3 Bedrooms | $185K | $195K | +5.4% |
| 4 Bedrooms | $217.8K | $300K | +37.7% |
| 5+ Bedrooms | $279.7K | $330K | +18.0% |
Summary: 65251 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 37.7%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Zip Codes
| 65063 | $185.9K | $220K | +18.3% |
| 65251 | $181.2K | $205K | +13.1% |
Housing Supply in 65251, MO
How many homes are available in 65251, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 35 | -18.6% |
Summary: The 65251 real estate market had 35 homes for sale in April 2024, a 18.6% 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 | 9 | 10 | +11.1% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The 65251 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 11.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 65251, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 65251 in April 2024, down by 23.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for 65251, MO
How long does it take to sell a home in 65251, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 35 Days | +115.7% |
Summary: Homes in 65251 had an average of 35 days on market in Apr 2024, up by 115.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 65251 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 65251; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.