Is 65611, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65611 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 65611 was a Seller's Market.

Key Takeaway

65611 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 65611, MO

How much do homes in 65611, MO cost?

Median Sold Price

$340,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$50,000(+17.2%)

Key Takeaway

Homes in 65611 have sold for 17.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $88.7K$87.4K
-1.5%
2 $250K$161K
-35.6%
3 $292.5K$413.5K
+41.4%
4 $502.5K$400K
-20.4%
5+ $525K$477.5K
-9.0%

Summary: 65611 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 35.6%, 3 bedroom homes increased by 41.4%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes decreased by 9%.

Median Sold Price Compared To Nearby Zip Codes

65611
+17.2%
65672
+5.3%
65739
-20.5%
65681
-37.3%

Housing Supply in 65611, MO

How many homes are available in 65611, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2221-4.5%

Summary: The 65611 real estate market had 21 homes for sale in April 2024, a 4.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 87
-12.5%
3 57
+40.0%
4 34
+33.3%
5+ 42
-50.0%

Summary: The 65611 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 65611, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 65611 in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 65611, MO

How long does it take to sell a home in 65611, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days155 Days+222.9%

Summary: Homes in 65611 had an average of 155 days on market in Apr 2024, up by 222.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 65611 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 65611; 0% of homes were sold within 30 days, 50% 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 4 Days Ago

Newest Listings in 65611, MO

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