Is Callaway County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Callaway County has remained a Seller's Market.
Housing Prices in Callaway County, MO
How much do homes in Callaway County, MO cost?
Median Sold Price
$225,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Callaway County was $225,000 in June 2024, up 10% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.2K | $64.2K | -23.7% |
2 Bedrooms | $125.2K | $144K | +15.0% |
3 Bedrooms | $201K | $215K | +7.0% |
4 Bedrooms | $287.9K | $331K | +15.0% |
5+ Bedrooms | $399.5K | $330K | -17.4% |
Summary: Callaway County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 17.4%.
Median Sold Price Compared To Nearby Counties
Callaway County | $204.5K | $225K | +10.0% |
Cole County | $210K | $229.9K | +9.5% |
Boone County | $285K | $303.9K | +6.6% |
Audrain County | $150.6K | $143K | -5.1% |
Housing Supply in Callaway County, MO
How many homes are available in Callaway County, MO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
81 | 71 | -12.3% |
Summary: The Callaway County real estate market had 71 homes for sale in June 2024, a 12.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 45 | 41 | -8.9% |
4 Bedrooms | 18 | 15 | -16.7% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Callaway County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
23 | 20 | -13.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Callaway County in June 2024, down by 13.0% month-over-month. Of the 17 sold homes, 76% were sold under asking, 6% were sold at asking, and 18% were sold over asking.
Days on Market for Callaway County, MO
How long does it take to sell a home in Callaway County, MO?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
12 Days | 22 Days | +85.8% |
Summary: Homes in Callaway County had an average of 22 days on market in Jun 2024, up by 85.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 20 homes were sold in Callaway County; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.