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 seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Cedar County has remained a Seller's Market.

Key Takeaway

Cedar County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Cedar County, MO cost?

Median Sold Price

$132,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$3,250(+2.5%)

Key Takeaway

Homes in Cedar County have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $153.5K$87.5K
-43.0%
2 $85.9K$82K
-4.6%
3 $132.5K$147K
+10.9%
4 $212K$277K
+30.7%
5+ $245K$275K
+12.2%

Median Sold Price Compared To Nearby Counties

Cedar County
+2.5%
Dade County
-4.6%

How many homes are available in Cedar County, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
9888-10.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 54
-20.0%
2 2421
-12.5%
3 5242
-19.2%
4 1418
+28.6%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
2515-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar County, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
32 Days98 Days+201.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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.

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

About Cedar County, MO

Cedar County, MO has 88 homes on the market. The number of homes for sale in Cedar County, MO decreased by 10.2% between September 2022 and October 2022. The median list price of listings available in October 2022 was $132,000, while the average time on the real estate market was 98 days. This housing market listing prices have changed between September 2022 and October 2022: the cost of 1 bedroom properties went down by 43%, prices of 2 bedrooms properties decreased by 4.6%, the cost of 3 bedrooms properties went up by 10.9%, prices of 4 bedrooms properties went up by 30.7%, 5 bedrooms properties became 12.2% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 20%, volume of 2 bedrooms homes went down by 12.5%, number of 3 bedrooms homes decreased by 19.2%, volume of 4 bedrooms homes went up by 28.6%, 5 bedrooms homes did not move. Over 3 listings were sold over their listed price in October 2022 in Cedar County, MO. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price.

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