Is 65802, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65802 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65802 has remained a Seller's Market.

Key Takeaway

65802 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65802, MO

How much do homes in 65802, MO cost?

Median Sold Price

$190,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,125(+3.3%)

Key Takeaway

Homes in 65802 have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $59K$75.5K
+28.0%
2 $105.5K$120K
+13.7%
3 $189.3K$200.1K
+5.7%
4 $305.9K$297.5K
-2.8%
5+ $490K$410K
-16.3%

Summary: 65802 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Zip Codes

65806
+13.9%
65807
+7.8%
65802
+3.3%
65803
-1.2%

Housing Supply in 65802, MO

How many homes are available in 65802, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
210222+5.7%

Summary: The 65802 real estate market had 222 homes for sale in March 2024, a 5.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 42
-50.0%
2 4549
+8.9%
3 95100
+5.3%
4 4650
+8.7%
5+ 2021
+5.0%

Summary: The 65802 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5055+10.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65802, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 65802 in March 2024, up by 10.0% month-over-month. Of the 54 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.

Days on Market for 65802, MO

How long does it take to sell a home in 65802, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days26 Days+4.9%

Summary: Homes in 65802 had an average of 26 days on market in Mar 2024, up by 4.9% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65802 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 55 homes were sold in 65802; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% 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 27 Days Ago

Newest Listings in 65802, MO

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