Is 65807, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65807 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 65807 has remained a Seller's Market.

Key Takeaway

65807 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65807, MO

How much do homes in 65807, MO cost?

Median Sold Price

$228,964

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,472(+7.8%)

Key Takeaway

Homes in 65807 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 65807 was $228,964 in March 2024, up 7.8% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $79.4K$105K
+32.2%
2 $154.5K$167.3K
+8.3%
3 $206.8K$226K
+9.3%
4 $269.9K$275K
+1.9%
5+ $332.5K$352.5K
+6.0%

Summary: 65807 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.2%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Zip Codes

65806
+13.9%
65807
+7.8%
65802
+3.3%
65804
+2.8%

Housing Supply in 65807, MO

How many homes are available in 65807, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
159161+1.3%

Summary: The 65807 real estate market had 161 homes for sale in March 2024, a 1.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 2720
-25.9%
3 94101
+7.4%
4 3434
0.0%
5+ 35
+66.7%

Summary: The 65807 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 25.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4854+12.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65807, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 65807 in March 2024, up by 12.5% month-over-month. Of the 49 sold homes, 45% were sold under asking, 37% were sold at asking, and 18% were sold over asking.

Days on Market for 65807, MO

How long does it take to sell a home in 65807, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days39 Days+50.0%

Summary: Homes in 65807 had an average of 39 days on market in Mar 2024, up by 50% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65807 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 54 homes were sold in 65807; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 18 Days Ago

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