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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Marion County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Marion County, MO cost?

Median Sold Price

$145,000

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$4,166(+3.0%)

Key Takeaway

Homes in Marion County have sold for 3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $50.1K$68K
+35.7%
2 $83K$86.7K
+4.5%
3 $150K$149K
-0.7%
4 $205K$257.5K
+25.6%
5+ $362.5K$337.5K
-6.9%

Median Sold Price Compared To Nearby Counties

Marion County
+3.0%
Lewis County
-5.8%

How many homes are available in Marion County, MO?

Number of Homes For Sale

Oct 2022Nov 2022%
9184-7.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 2927
-6.9%
3 4339
-9.3%
4 99
0.0%
5+ 87
-12.5%

Number of Homes Sold

Oct 2022Nov 2022%
2131+47.6%

Asking Price vs. Sold Price

1 Home Was 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 Marion County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
62 Days60 Days-3.4%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marion County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Marion County, MO

Homes for sale in Marion County, MO have reached 84. The number of homes for sale in Marion County, MO decreased by 7.7% between October 2022 and November 2022. In November 2022, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $145,000. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 35.7% more expensive, 2 bedrooms properties became 4.5% more expensive, the cost of 3 bedrooms properties went down by 0.7%, 4 bedrooms properties became 25.6% more expensive, 5 bedrooms properties prices decreased by 6.9%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 6.9%, 3 bedrooms homes became 9.3% less available, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes went down by 12.5%. In November 2022, from all listings sold in Marion County, MO there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

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