Is 65806, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65806 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65806 has remained a Seller's Market.

Key Takeaway

65806 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65806, MO

How much do homes in 65806, MO cost?

Median Sold Price

$140,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,100(+13.9%)

Key Takeaway

Homes in 65806 have sold for 13.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $160K$192K
+20.0%
2 $112.7K$110K
-2.4%
3 $137.5K$160.3K
+16.6%
4 $171K$150K
-12.3%
5+ --
N/A

Summary: 65806 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

65806
+13.9%
65807
+7.8%
65802
+3.3%

Housing Supply in 65806, MO

How many homes are available in 65806, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2425+4.2%

Summary: The 65806 real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1318
+38.5%
3 95
-44.4%
4 22
0.0%
5+ 00
0.0%

Summary: The 65806 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 increased by 38.5%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65806, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 65806 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 65806, MO

How long does it take to sell a home in 65806, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days71 Days+229.5%

Summary: Homes in 65806 had an average of 71 days on market in Mar 2024, up by 229.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 65806 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 6 homes were sold in 65806; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 28 Days Ago

Newest Listings in 65806, MO

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