Is Cole County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cole County has remained a Seller's Market.
Housing Prices in Cole County, MO
How much do homes in Cole County, MO cost?
Median Sold Price
$244,950
$142/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Cole County was $244,950 in March 2024, down 2% from last month, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $70K | $158K | +125.7% |
3 Bedrooms | $260K | $164K | -36.9% |
4 Bedrooms | $235K | $364K | +54.9% |
5+ Bedrooms | - | $540K | N/A |
Summary: Cole County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 125.7%, 3 bedroom homes decreased by 36.9%, 4 bedroom homes increased by 54.9%, and 5+ bedroom homes did not change.
Housing Supply in Cole County, MO
How many homes are available in Cole County, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 41 | +24.2% |
Summary: The Cole County real estate market had 41 homes for sale in March 2024, a 24.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 9 | 15 | +66.7% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Cole County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Cole County in March 2024, up by 62.5% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Cole County, MO
How long does it take to sell a home in Cole County, MO?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 50 Days | -0.2% |
Summary: Homes in Cole County had an average of 50 days on market in Mar 2024, down by 0.2% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Cole County; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.