Is Highlandville, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlandville is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Highlandville was a Neutral Market.

Key Takeaway

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

Housing Prices in Highlandville, MO

How much do homes in Highlandville, MO cost?

Median Sold Price

$272,250

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$7,750(-2.8%)

Key Takeaway

Homes in Highlandville have sold for 2.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $355K$174.9K
-50.7%
3 $227.9K$264.9K
+16.2%
4 $398K$286.4K
-28.0%
5+ $425K$711.4K
+67.4%

Summary: Highlandville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50.7%, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes increased by 67.4%.

Housing Supply in Highlandville, MO

How many homes are available in Highlandville, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1311-15.4%

Summary: The Highlandville real estate market had 11 homes for sale in March 2024, a 15.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 86
-25.0%
4 32
-33.3%
5+ 12
+100.0%

Summary: The Highlandville 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highlandville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Highlandville in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Highlandville, MO

How long does it take to sell a home in Highlandville, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
1 Day23 Days+2250.0%

Summary: Homes in Highlandville had an average of 23 days on market in Mar 2024, up by 2250% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Highlandville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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