Is 65804, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65804 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65804 has remained a Seller's Market.

Key Takeaway

65804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65804, MO

How much do homes in 65804, MO cost?

Median Sold Price

$267,285

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,285(+2.8%)

Key Takeaway

Homes in 65804 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 65804 was $267,285 in March 2024, up 2.8% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $79K-
N/A
2 $165K$185.5K
+12.4%
3 $245.8K$249.5K
+1.5%
4 $335K$348.5K
+4.0%
5+ $438.2K$497.7K
+13.6%

Summary: 65804 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 12.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 13.6%.

Median Sold Price Compared To Nearby Zip Codes

65810
+11.1%
65809
+10.4%
65807
+7.8%
65804
+2.8%

Housing Supply in 65804, MO

How many homes are available in 65804, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
148161+8.8%

Summary: The 65804 real estate market had 161 homes for sale in March 2024, a 8.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1615
-6.3%
3 7777
0.0%
4 4350
+16.3%
5+ 1219
+58.3%

Summary: The 65804 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 decreased by 6.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 58.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3747+27.0%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65804, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in 65804 in March 2024, up by 27.0% month-over-month. Of the 45 sold homes, 56% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for 65804, MO

How long does it take to sell a home in 65804, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
23 Days33 Days+40.7%

Summary: Homes in 65804 had an average of 33 days on market in Mar 2024, up by 40.7% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65804 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 47 homes were sold in 65804; 68% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

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