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 June 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

$225,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$20,500(+10.0%)

Key Takeaway

Homes in Callaway County have sold for 10% more than they did a year ago.

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

# BEDSJun 2023Jun 2024CHANGE
1 $84.2K$64.2K
-23.7%
2 $125.2K$144K
+15.0%
3 $201K$215K
+7.0%
4 $287.9K$331K
+15.0%
5+ $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
+10.0%
Cole County
+9.5%
Boone County
+6.6%
Audrain County
-5.1%

Housing Supply in Callaway County, MO

How many homes are available in Callaway County, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
8171-12.3%

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

# BEDSMay 2024Jun 2024CHANGE
1 13
+200.0%
2 107
-30.0%
3 4541
-8.9%
4 1815
-16.7%
5+ 75
-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 2024Jun 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Callaway County, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

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 2023Jun 2024CHANGE
12 Days22 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

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 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Callaway County, MO

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