Is 65738, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65738 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65738 has remained a Seller's Market.

Key Takeaway

65738 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65738, MO

How much do homes in 65738, MO cost?

Median Sold Price

$255,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2(0.0%)

Key Takeaway

The sold price of homes in 65738 has remained the same since last year.

Summary: The median home sold price in 65738 was $255,000 in March 2024, the same as last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$140K
N/A
2 $147.9K$157.4K
+6.4%
3 $238.3K$242.5K
+1.8%
4 $310K$315.9K
+1.9%
5+ $350K$386.5K
+10.4%

Summary: 65738 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 6.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

65631
+2.3%
65610
+1.8%
65738
0.0%
65619
-4.8%

Housing Supply in 65738, MO

How many homes are available in 65738, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
118131+11.0%

Summary: The 65738 real estate market had 131 homes for sale in March 2024, a 11.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 6870
+2.9%
4 3036
+20.0%
5+ 1722
+29.4%

Summary: The 65738 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 remained the same, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 29.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
28280.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65738, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 65738 in March 2024, the same as the previous month. Of the 28 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.

Days on Market for 65738, MO

How long does it take to sell a home in 65738, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
34 Days25 Days-26.6%

Summary: Homes in 65738 had an average of 25 days on market in Mar 2024, down by 26.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65738 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 28 homes were sold in 65738; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 7% 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 24 Days Ago

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