Is 65624, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65624 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 65624 was a Neutral Market.

Key Takeaway

65624 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 65624, MO

How much do homes in 65624, MO cost?

Median Sold Price

$402,500

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$103,000(+34.4%)

Key Takeaway

Homes in 65624 have sold for 34.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $117.8K$700K
+494.2%
2 $136.2K$197K
+44.6%
3 $293K$401.2K
+36.9%
4 $335K$474.9K
+41.8%
5+ -$667.5K
N/A

Summary: 65624 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 494.2%, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 36.9%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

65624
+34.4%
65605
-1.4%

Housing Supply in 65624, MO

How many homes are available in 65624, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2027+35.0%

Summary: The 65624 real estate market had 27 homes for sale in March 2024, a 35.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 13
+200.0%
2 35
+66.7%
3 89
+12.5%
4 57
+40.0%
5+ 33
0.0%

Summary: The 65624 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 65624, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 65624 in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 65624, MO

How long does it take to sell a home in 65624, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
95 Days100 Days+5.3%

Summary: Homes in 65624 had an average of 100 days on market in Mar 2024, up by 5.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in 65624 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in 65624; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 28 Days Ago

Newest Listings in 65624, MO

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