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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cabool is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Cabool, MO

How much do homes in Cabool, MO cost?

Median Sold Price

$127,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$25,450(-16.7%)

Key Takeaway

Homes in Cabool have sold for 16.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $58.7K$95K
+61.8%
3 $155K$127K
-18.1%
4 $217K$269.9K
+24.4%
5+ $272.5K-
N/A

Summary: Cabool 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 61.8%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cabool
-16.7%
Burdine Township
-18.8%

Housing Supply in Cabool, MO

How many homes are available in Cabool, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2625-3.8%

Summary: The Cabool real estate market had 25 homes for sale in March 2024, a 3.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 119
-18.2%
4 56
+20.0%
5+ 56
+20.0%

Summary: The Cabool 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 20%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cabool, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cabool in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cabool, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
80 Days92 Days+13.9%

Summary: Homes in Cabool had an average of 92 days on market in Mar 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Cabool; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

Newest Listings in Cabool, MO

Nearby Markets to Cabool, MO

What housing markets are near Cabool, MO?