Is 65747, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65747 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 65747 was a Seller's Market.

Key Takeaway

65747 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 65747, MO

How much do homes in 65747, MO cost?

Median Sold Price

$385,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,500(+2.3%)

Key Takeaway

Homes in 65747 have sold for 2.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $225.2K$195K
-13.4%
2 $223K$254.9K
+14.3%
3 $381.5K$375K
-1.7%
4 $607.5K$577.5K
-4.9%
5+ $578K$800K
+38.4%

Summary: 65747 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 38.4%.

Median Sold Price Compared To Nearby Zip Codes

65624
+34.4%
65747
+2.3%
65686
-1.9%
65681
-34.5%

Housing Supply in 65747, MO

How many homes are available in 65747, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3640+11.1%

Summary: The 65747 real estate market had 40 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 03
+100.0%
2 89
+12.5%
3 1415
+7.1%
4 1110
-9.1%
5+ 33
0.0%

Summary: The 65747 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65747, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 65747 in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 65747, MO

How long does it take to sell a home in 65747, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
102 Days141 Days+38.7%

Summary: Homes in 65747 had an average of 141 days on market in Mar 2024, up by 38.7% compared to last year.

Breakdown of Home Sale Times

2 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 65747 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 65747; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 25 Days Ago

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