Is Kimberling City, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kimberling City is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Kimberling City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kimberling City, MO

How much do homes in Kimberling City, MO cost?

Median Sold Price

$320,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$46,500(-12.7%)

Key Takeaway

Homes in Kimberling City have sold for 12.7% less than they did a year ago.

Summary: The median home sold price in Kimberling City was $320,000 in March 2024, down 12.7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250.9K$136.6K
-45.6%
2 $255.2K$245K
-4.0%
3 $300K$350K
+16.7%
4 $480K$379.9K
-20.9%
5+ $743K$453.2K
-39.0%

Summary: Kimberling City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 39%.

Median Sold Price Compared To Nearby Cities

Ruth B Rural Township
+10.1%
Ruth B City Township
+0.7%
Kimberling City
-12.7%

Housing Supply in Kimberling City, MO

How many homes are available in Kimberling City, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9095+5.6%

Summary: The Kimberling City real estate market had 95 homes for sale in March 2024, a 5.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 3034
+13.3%
3 2121
0.0%
4 2022
+10.0%
5+ 1614
-12.5%

Summary: The Kimberling City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1325+92.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kimberling City, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Kimberling City in March 2024, up by 92.3% month-over-month. Of the 25 sold homes, 48% were sold under asking, 44% were sold at asking, and 8% were sold over asking.

Days on Market for Kimberling City, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
83 Days34 Days-58.1%

Summary: Homes in Kimberling City had an average of 34 days on market in Mar 2024, down by 58.1% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 25 homes were sold in Kimberling City; 72% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 20% 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 19 Days Ago

Newest Listings in Kimberling City, MO

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