Is Callaway County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Callaway County is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Callaway County, MO

How much do homes in Callaway County, MO cost?

Median Sold Price

$217,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$20,666(+10.5%)

Key Takeaway

Homes in Callaway County have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Callaway County was $217,000 in February 2024, up 10.5% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $87K$72.1K
-17.1%
2 $125.8K$134K
+6.5%
3 $196K$209K
+6.6%
4 $250K$330K
+32.0%
5+ $353.5K$370K
+4.7%

Summary: Callaway County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Counties

Audrain County
+11.9%
Callaway County
+10.5%
Boone County
+6.2%

Housing Supply in Callaway County, MO

How many homes are available in Callaway County, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6382+30.2%

Summary: The Callaway County real estate market had 82 homes for sale in February 2024, a 30.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 815
+87.5%
3 3040
+33.3%
4 1618
+12.5%
5+ 88
0.0%

Summary: The Callaway County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
814+75.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Callaway County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Callaway County in February 2024, up by 75.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% 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

Feb 2023Feb 2024CHANGE
74 Days53 Days-27.7%

Summary: Homes in Callaway County had an average of 53 days on market in Feb 2024, down by 27.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 14 homes were sold in Callaway County; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 Callaway County, MO

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What housing markets are near Callaway County, MO?