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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Isabella is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Isabella has remained a Buyer's Market.

Key Takeaway

Isabella is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Isabella, MO

How much do homes in Isabella, MO cost?

Median Sold Price

$130,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$198,450(-60.4%)

Key Takeaway

Homes in Isabella have sold for 60.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$160K
N/A
2 -$110K
N/A
3 $283.5K$122.5K
-56.8%
4 $355K-
N/A
5+ $459.9K-
N/A

Summary: Isabella 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 did not change, 3 bedroom homes decreased by 56.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jasper Township
-10.7%
Isabella
-60.4%

Housing Supply in Isabella, MO

How many homes are available in Isabella, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Isabella real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 45
+25.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Isabella 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 increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Isabella, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Isabella in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Isabella, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
127 Days2 Days-98.4%

Summary: Homes in Isabella had an average of 2 days on market in Mar 2024, down by 98.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Isabella; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in Isabella, MO

Nearby Markets to Isabella, MO

What housing markets are near Isabella, MO?