Is 65653, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65653 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65653 has remained a Seller's Market.

Key Takeaway

65653 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65653, MO

How much do homes in 65653, MO cost?

Median Sold Price

$209,900

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,900(+5.0%)

Key Takeaway

Homes in 65653 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 65653 was $209,900 in March 2024, up 5% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $295K$158K
-46.4%
2 $175K$175K
0.0%
3 $207.5K$215K
+3.6%
4 $300K$247.5K
-17.5%
5+ $769K$277.5K
-63.9%

Summary: 65653 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes decreased by 63.9%.

Median Sold Price Compared To Nearby Zip Codes

65653
+5.0%
65740
+2.9%

Housing Supply in 65653, MO

How many homes are available in 65653, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4551+13.3%

Summary: The 65653 real estate market had 51 homes for sale in March 2024, a 13.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1318
+38.5%
3 1817
-5.6%
4 78
+14.3%
5+ 67
+16.7%

Summary: The 65653 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65653, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 65653 in March 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 65653, MO

How long does it take to sell a home in 65653, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
84 Days36 Days-56.9%

Summary: Homes in 65653 had an average of 36 days on market in Mar 2024, down by 56.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were 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 65653 has remained consistent over time.

Summary: During March 2024, 10 homes were sold in 65653; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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 23 Days Ago

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