Is Long Lane, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long Lane is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Long Lane has remained a Neutral Market.

Key Takeaway

Long Lane 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 Long Lane, MO

How much do homes in Long Lane, MO cost?

Median Sold Price

$349,900

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$269,900(+337.4%)

Key Takeaway

Homes in Long Lane have sold for 337.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $80K-
N/A
3 -$349.9K
N/A
4 --
N/A
5+ --
N/A

Summary: Long Lane housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Long Lane
+337.4%
Wilson Township
+312.4%

Housing Supply in Long Lane, MO

How many homes are available in Long Lane, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
67+16.7%

Summary: The Long Lane real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 32
-33.3%
4 13
+200.0%
5+ 00
0.0%

Summary: The Long Lane housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

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 Long Lane, 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 Long Lane in March 2024, the same as the previous 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 Long Lane, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
9 Days13 Days+44.4%

Summary: Homes in Long Lane had an average of 13 days on market in Mar 2024, up by 44.4% compared to last month.

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 Long Lane are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Long Lane; 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 27 Days Ago

Newest Listings in Long Lane, MO

Nearby Markets to Long Lane, MO

What housing markets are near Long Lane, MO?