Is 65648, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65648 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 65648 has remained a Seller's Market.

Key Takeaway

65648 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65648, MO

How much do homes in 65648, MO cost?

Median Sold Price

$271,250

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,250(+4.3%)

Key Takeaway

Homes in 65648 have sold for 4.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180K-
N/A
2 $195K$178K
-8.7%
3 $265K$258.5K
-2.5%
4 $335K$340K
+1.5%
5+ $385K$570K
+48.1%

Summary: 65648 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 48.1%.

Median Sold Price Compared To Nearby Zip Codes

65757
+6.5%
65648
+4.3%
65803
+1.9%

Housing Supply in 65648, MO

How many homes are available in 65648, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1811-38.9%

Summary: The 65648 real estate market had 11 homes for sale in April 2024, a 38.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 136
-53.8%
4 45
+25.0%
5+ 10
-100.0%

Summary: The 65648 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 remained the same, 3 bedroom homes decreased by 53.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65648, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 65648 in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 65648, MO

How long does it take to sell a home in 65648, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days30 Days+30.2%

Summary: Homes in 65648 had an average of 30 days on market in Apr 2024, up by 30.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 65648 has remained consistent over time.

Summary: During April 2024, 5 homes were sold in 65648; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 12 Days Ago

Newest Listings in 65648, MO

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