Is Carl Junction, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carl Junction is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Carl Junction is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Carl Junction, MO

How much do homes in Carl Junction, MO cost?

Median Sold Price

$232,500

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$11,000(-4.5%)

Key Takeaway

Homes in Carl Junction have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Carl Junction was $232,500 in March 2024, down 4.5% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $91K$141.8K
+55.9%
3 $221.1K$221K
-0.1%
4 $293.1K$321K
+9.5%
5+ $364.7K$406.7K
+11.5%

Summary: Carl Junction 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 55.9%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 11.5%.

Median Sold Price Compared To Nearby Cities

Mineral Township
+22.2%
Galena Township
+11.5%
Twin Groves Township
-2.4%
Carl Junction
-4.5%

Housing Supply in Carl Junction, MO

How many homes are available in Carl Junction, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4744-6.4%

Summary: The Carl Junction real estate market had 44 homes for sale in March 2024, a 6.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2216
-27.3%
4 1717
0.0%
5+ 56
+20.0%

Summary: The Carl Junction 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 increased by 66.7%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carl Junction, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Carl Junction in March 2024, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Carl Junction, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days62 Days+6.3%

Summary: Homes in Carl Junction had an average of 62 days on market in Mar 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carl Junction has remained consistent over time.

Summary: During March 2024, 7 homes were sold in Carl Junction; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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 25 Days Ago

Newest Listings in Carl Junction, MO

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