Is 65255, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65255 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 65255 was a Seller's Market.

Key Takeaway

65255 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 65255, MO

How much do homes in 65255, MO cost?

Median Sold Price

$289,900

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,350(-0.8%)

Key Takeaway

Homes in 65255 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 65255 was $289,900 in April 2024, down 0.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $168.5K$204.3K
+21.2%
3 $294.9K$250K
-15.2%
4 $248K$430K
+73.4%
5+ $380K$458K
+20.5%

Summary: 65255 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 21.2%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 73.4%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Zip Codes

65202
+8.5%
65255
-0.8%
65240
-5.3%

Housing Supply in 65255, MO

How many homes are available in 65255, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1214+16.7%

Summary: The 65255 real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 1010
0.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The 65255 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65255, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 65255 in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 65255, MO

How long does it take to sell a home in 65255, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
67 Days66 Days-2.4%

Summary: Homes in 65255 had an average of 66 days on market in Apr 2024, down by 2.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 65255 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 65255; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

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