Is 65742, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65742 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 65742 has remained a Seller's Market.

Key Takeaway

65742 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65742, MO

How much do homes in 65742, MO cost?

Median Sold Price

$302,750

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,000(+2.4%)

Key Takeaway

Homes in 65742 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 65742 was $302,750 in April 2024, up 2.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $145K$180K
+24.1%
3 $255K$260K
+2.0%
4 $326.6K$365K
+11.7%
5+ $462.5K$560K
+21.1%

Summary: 65742 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 24.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 21.1%.

Median Sold Price Compared To Nearby Zip Codes

65757
+6.5%
65809
+6.1%
65742
+2.4%
65652
-22.5%

Housing Supply in 65742, MO

How many homes are available in 65742, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6671+7.6%

Summary: The 65742 real estate market had 71 homes for sale in April 2024, a 7.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3238
+18.8%
4 2217
-22.7%
5+ 610
+66.7%

Summary: The 65742 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 increased by 18.8%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1018+80.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65742, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 65742 in April 2024, up by 80.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.

Days on Market for 65742, MO

How long does it take to sell a home in 65742, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
67 Days45 Days-32.4%

Summary: Homes in 65742 had an average of 45 days on market in Apr 2024, down by 32.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65742 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 18 homes were sold in 65742; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

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