Is McDonald County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, McDonald County has remained a Seller's Market.
Housing Prices in McDonald County, MO
How much do homes in McDonald County, MO cost?
Median Sold Price
$226,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in McDonald County was $226,000 in June 2024, up 30.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.5K | $92.5K | -62.9% |
2 Bedrooms | $98K | $137K | +39.8% |
3 Bedrooms | $196.7K | $230.5K | +17.2% |
4 Bedrooms | $193K | $250K | +29.5% |
5+ Bedrooms | $336K | $430.7K | +28.2% |
Summary: McDonald County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.9%, 2 bedroom homes increased by 39.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 28.2%.
Median Sold Price Compared To Nearby Counties
McDonald County | $173.5K | $226K | +30.3% |
Newton County | $170.1K | $189.9K | +11.7% |
Barry County | $202.1K | $219.9K | +8.8% |
Benton County | $349.9K | $368K | +5.2% |
Delaware County | $264K | $265K | 0.4% |
Housing Supply in McDonald County, MO
How many homes are available in McDonald County, MO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
85 | 90 | +5.9% |
Summary: The McDonald County real estate market had 90 homes for sale in June 2024, a 5.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 42 | 42 | 0.0% |
4 Bedrooms | 22 | 21 | -4.5% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The McDonald County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in McDonald County in June 2024, up by 46.7% month-over-month. Of the 22 sold homes, 23% were sold under asking, 45% were sold at asking, and 32% were sold over asking.
Days on Market for McDonald County, MO
How long does it take to sell a home in McDonald County, MO?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
82 Days | 73 Days | -11.1% |
Summary: Homes in McDonald County had an average of 73 days on market in Jun 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During June 2024, 22 homes were sold in McDonald County; 32% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.