Is 65704, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65704 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65704 has remained a Seller's Market.

Key Takeaway

65704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65704, MO

How much do homes in 65704, MO cost?

Median Sold Price

$136,400

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,100(-1.5%)

Key Takeaway

Homes in 65704 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 65704 was $136,400 in March 2024, down 1.5% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K-
N/A
2 $79.9K$117.5K
+47.1%
3 $145.5K$195.5K
+34.3%
4 $325K$86.2K
-73.5%
5+ $260K-
N/A

Summary: 65704 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 34.3%, 4 bedroom homes decreased by 73.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

65746
+15.9%
65704
-1.5%
65667
-24.4%

Housing Supply in 65704, MO

How many homes are available in 65704, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1722+29.4%

Summary: The 65704 real estate market had 22 homes for sale in March 2024, a 29.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1013
+30.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 65704 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 40%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65704, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 65704 in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 65704, MO

How long does it take to sell a home in 65704, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days32 Days-22.4%

Summary: Homes in 65704 had an average of 32 days on market in Mar 2024, down by 22.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65704 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 7 homes were sold in 65704; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 65704, MO

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