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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cole County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cole County has remained a Seller's Market.

Key Takeaway

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

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

-$5,050(-2.0%)

Key Takeaway

Homes in Cole County have sold for 2% less than they did a month ago.

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

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $70K$158K
+125.7%
3 $260K$164K
-36.9%
4 $235K$364K
+54.9%
5+ -$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 2024Mar 2024CHANGE
3341+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

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 67
+16.7%
3 1214
+16.7%
4 915
+66.7%
5+ 64
-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 2024Mar 2024CHANGE
813+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cole County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2024Mar 2024CHANGE
50 Days50 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 25 Days Ago

Newest Listings in Cole County, MO

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