Is Cedar County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Cedar County was a Seller's Market.
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
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $68K | +23.6% |
2 Bedrooms | $90K | $114.5K | +27.2% |
3 Bedrooms | $179.9K | $169.9K | -5.6% |
4 Bedrooms | $240K | $265K | +10.4% |
5+ Bedrooms | $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 | $125.5K | $147K | +17.1% |
Dade County | $138.5K | $145K | +4.7% |
Cedar County | $164.9K | $160K | -3.0% |
Vernon County | $161.7K | $154.9K | -4.2% |
Saint Clair County | $309.5K | $160.2K | -48.2% |
Housing Supply in Cedar County, MO
How many homes are available in Cedar County, MO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
93 | 116 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 15 | 20 | +33.3% |
3 Bedrooms | 55 | 72 | +30.9% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 4 | 4 | 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 2024 | Jun 2024 | CHANGE |
---|---|---|
15 | 19 | +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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
100 Days | 66 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
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.