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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laclede County is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Laclede County was a Seller's Market.

Key Takeaway

Laclede County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Laclede County, MO

How much do homes in Laclede County, MO cost?

Median Sold Price

$229,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$42,333(+22.7%)

Key Takeaway

Homes in Laclede County have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in Laclede County was $229,000 in March 2024, up 22.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $103.4K$131K
+26.7%
2 $110K$130K
+18.2%
3 $185K$227K
+22.7%
4 $257.4K$325K
+26.2%
5+ $350K$412K
+17.7%

Summary: Laclede County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Counties

Laclede County
+22.7%
Webster County
+5.4%
Dallas County
-1.3%

Housing Supply in Laclede County, MO

How many homes are available in Laclede County, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
172187+8.7%

Summary: The Laclede County real estate market had 187 homes for sale in March 2024, a 8.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 2424
0.0%
3 97110
+13.4%
4 3433
-2.9%
5+ 1316
+23.1%

Summary: The Laclede County 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 13.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3529-17.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laclede County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Laclede County in March 2024, down by 17.1% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Laclede County, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
60 Days87 Days+44.2%

Summary: Homes in Laclede County had an average of 87 days on market in Mar 2024, up by 44.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Laclede County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 29 homes were sold in Laclede County; 38% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 45% 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 Laclede County, MO

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