Is Callaway County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$217,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87K | $72.1K | -17.1% |
2 Bedrooms | $125.8K | $134K | +6.5% |
3 Bedrooms | $196K | $209K | +6.6% |
4 Bedrooms | $250K | $330K | +32.0% |
5+ Bedrooms | $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 | $130K | $145.5K | +11.9% |
Callaway County | $196.3K | $217K | +10.5% |
Boone County | $280.1K | $297.5K | +6.2% |
Housing Supply in Callaway County, MO
How many homes are available in Callaway County, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
63 | 82 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 15 | +87.5% |
3 Bedrooms | 30 | 40 | +33.3% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 8 | 8 | 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 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 14 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
74 Days | 53 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
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.