Is Cedar County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Cedar County was a Buyer's Market.
Housing Prices in Cedar County, MO
How much do homes in Cedar County, MO cost?
Median Sold Price
$158,375
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cedar County was $158,375 in March 2024, up 3.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $55K | -65.6% |
2 Bedrooms | $82K | $95K | +15.9% |
3 Bedrooms | $150K | $179K | +19.3% |
4 Bedrooms | $269K | $249.9K | -7.1% |
5+ Bedrooms | $257K | $348K | +35.4% |
Summary: Cedar County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.6%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 35.4%.
Median Sold Price Compared To Nearby Counties
Barton County | $127K | $148.7K | +17.1% |
Dade County | $130K | $147.5K | +13.5% |
Vernon County | $144.3K | $161.7K | +12.1% |
Cedar County | $152.5K | $158.3K | +3.9% |
Housing Supply in Cedar County, MO
How many homes are available in Cedar County, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 95 | +11.8% |
Summary: The Cedar County real estate market had 95 homes for sale in March 2024, a 11.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 22 | +22.2% |
3 Bedrooms | 51 | 54 | +5.9% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Cedar County 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 22.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 21 | +90.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Cedar County in March 2024, up by 90.9% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 55 Days | +3.9% |
Summary: Homes in Cedar County had an average of 55 days on market in Mar 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Cedar County; 33% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.