Is Kimberling City, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kimberling City has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250.9K | $136.6K | -45.6% |
2 Bedrooms | $255.2K | $245K | -4.0% |
3 Bedrooms | $300K | $350K | +16.7% |
4 Bedrooms | $480K | $379.9K | -20.9% |
5+ Bedrooms | $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 | $311K | $342.5K | +10.1% |
Ruth B City Township | $330K | $332.4K | +0.7% |
Kimberling City | $366.5K | $320K | -12.7% |
Housing Supply in Kimberling City, MO
How many homes are available in Kimberling City, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 95 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 30 | 34 | +13.3% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 16 | 14 | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 25 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 34 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
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.