Is 65536, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65536 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65536 has remained a Seller's Market.

Key Takeaway

65536 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65536, MO

How much do homes in 65536, MO cost?

Median Sold Price

$227,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,750(+21.9%)

Key Takeaway

Homes in 65536 have sold for 21.9% more than they did a year ago.

Summary: The median home sold price in 65536 was $227,000 in March 2024, up 21.9% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $90K$91K
+1.1%
2 $110K$115K
+4.5%
3 $185K$210K
+13.5%
4 $264.9K$320K
+20.8%
5+ $353K$518.5K
+46.9%

Summary: 65536 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 46.9%.

Housing Supply in 65536, MO

How many homes are available in 65536, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
146157+7.5%

Summary: The 65536 real estate market had 157 homes for sale in March 2024, a 7.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 2120
-4.8%
3 8294
+14.6%
4 3027
-10.0%
5+ 1114
+27.3%

Summary: The 65536 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 decreased by 4.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3427-20.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65536, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 65536 in March 2024, down by 20.6% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 65536, MO

How long does it take to sell a home in 65536, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
60 Days94 Days+55.2%

Summary: Homes in 65536 had an average of 94 days on market in Mar 2024, up by 55.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 65536 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 27 homes were sold in 65536; 33% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 48% 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 26 Days Ago

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