Is 65548, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65548 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 65548 has remained a Buyer's Market.

Key Takeaway

65548 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 65548, MO

How much do homes in 65548, MO cost?

Median Sold Price

$97,000

$30/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$114,000(-54.0%)

Key Takeaway

Homes in 65548 have sold for 54% less than they did a month ago.

Summary: The median home sold price in 65548 was $97,000 in April 2024, down 54% from last month, and the median price per square foot was $30.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$97K
N/A
3 $211K-
N/A
4 --
N/A
5+ --
N/A

Summary: 65548 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 65548, MO

How many homes are available in 65548, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3236+12.5%

Summary: The 65548 real estate market had 36 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1110
-9.1%
3 1314
+7.7%
4 48
+100.0%
5+ 33
0.0%

Summary: The 65548 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 decreased by 9.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

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 65548, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 65548 in April 2024, up by 50.0% 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 65548, MO

How long does it take to sell a home in 65548, MO?

Average Sale Time

Mar 2024Apr 2024CHANGE
123 Days115 Days-6.9%

Summary: Homes in 65548 had an average of 115 days on market in Apr 2024, down by 6.9% compared to last month.

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 65548 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 65548; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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