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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar County is a neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Cedar County was a Seller's Market.

Key Takeaway

Cedar County 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 Cedar County, MO

How much do homes in Cedar County, MO cost?

Median Sold Price

$160,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$4,950(-3.0%)

Key Takeaway

Homes in Cedar County have sold for 3% less than they did a year ago.

Summary: The median home sold price in Cedar County was $160,000 in June 2024, down 3% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $55K$68K
+23.6%
2 $90K$114.5K
+27.2%
3 $179.9K$169.9K
-5.6%
4 $240K$265K
+10.4%
5+ $260K$411K
+58.1%

Summary: Cedar County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 27.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 58.1%.

Median Sold Price Compared To Nearby Counties

Barton County
+17.1%
Dade County
+4.7%
Cedar County
-3.0%
Vernon County
-4.2%
Saint Clair County
-48.2%

Housing Supply in Cedar County, MO

How many homes are available in Cedar County, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
93116+24.7%

Summary: The Cedar County real estate market had 116 homes for sale in June 2024, a 24.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 23
+50.0%
2 1520
+33.3%
3 5572
+30.9%
4 1717
0.0%
5+ 44
0.0%

Summary: The Cedar County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 30.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
1519+26.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Cedar County in June 2024, up by 26.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Cedar County, MO

How long does it take to sell a home in Cedar County, MO?

Average Sale Time

Jun 2023Jun 2024CHANGE
100 Days66 Days-34.3%

Summary: Homes in Cedar County had an average of 66 days on market in Jun 2024, down by 34.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 19 homes were sold in Cedar County; 32% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 16% 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 Cedar County, MO

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