Is 65689, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65689 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 65689 has remained a Seller's Market.

Key Takeaway

65689 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65689, MO

How much do homes in 65689, MO cost?

Median Sold Price

$139,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,650(-11.8%)

Key Takeaway

Homes in 65689 have sold for 11.8% less than they did a year ago.

Summary: The median home sold price in 65689 was $139,000 in April 2024, down 11.8% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $415K-
N/A
2 $82.3K$95K
+15.4%
3 $155.3K$138K
-11.1%
4 $243.4K$273.5K
+12.3%
5+ $385K-
N/A

Summary: 65689 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 increased by 15.4%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

65483
+19.6%
65793
-5.3%
65689
-11.8%

Housing Supply in 65689, MO

How many homes are available in 65689, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2628+7.7%

Summary: The 65689 real estate market had 28 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1111
0.0%
4 610
+66.7%
5+ 65
-16.7%

Summary: The 65689 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65689, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 65689 in April 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for 65689, MO

How long does it take to sell a home in 65689, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days65 Days+512.9%

Summary: Homes in 65689 had an average of 65 days on market in Apr 2024, up by 512.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65689 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 65689; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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 6 Days Ago

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