Is 65616, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 65616 was a Seller's Market.
Housing Prices in 65616, MO
How much do homes in 65616, MO cost?
Median Sold Price
$259,979
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $137.7K | -1.6% |
2 Bedrooms | $225K | $239.9K | +6.6% |
3 Bedrooms | $260.3K | $299.9K | +15.2% |
4 Bedrooms | $375K | $392K | +4.5% |
5+ Bedrooms | $675K | $522.5K | -22.6% |
Summary: 65616 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 22.6%.
Housing Supply in 65616, MO
How many homes are available in 65616, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
473 | 530 | +12.1% |
Summary: The 65616 real estate market had 530 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 51 | 54 | +5.9% |
2 Bedrooms | 197 | 232 | +17.8% |
3 Bedrooms | 125 | 133 | +6.4% |
4 Bedrooms | 54 | 64 | +18.5% |
5+ Bedrooms | 46 | 47 | +2.2% |
Summary: The 65616 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 2.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 78 | +27.9% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 78 homes were sold or pending in 65616 in April 2024, up by 27.9% month-over-month. Of the 75 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% were sold over asking.
Days on Market for 65616, MO
How long does it take to sell a home in 65616, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 64 Days | +54.7% |
Summary: Homes in 65616 had an average of 64 days on market in Apr 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 78 homes were sold in 65616; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.