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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McDonald County is a buyer's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

McDonald County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in McDonald County, MO cost?

Median Sold Price

$172,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$12,000(+7.5%)

Key Takeaway

Homes in McDonald County have sold for 7.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $97.5K$187.5K
+92.3%
2 $115K$103K
-10.4%
3 $151.8K$176K
+15.9%
4 $219.9K$190K
-13.6%
5+ $522.6K$397K
-24.0%

Median Sold Price Compared To Nearby Counties

Benton County
+23.7%
Newton County
+10.1%
Barry County
+8.5%
McDonald County
+7.5%
Delaware County
-9.0%

How many homes are available in McDonald County, MO?

Number of Homes For Sale

Oct 2022Nov 2022%
6271+14.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 1519
+26.7%
3 3032
+6.7%
4 1417
+21.4%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
86-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McDonald County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
25 Days31 Days+25.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in McDonald County are selling fast, if you're buying plan to act quickly.

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

About McDonald County, MO

Number of homes for sale in McDonald County, MO real estate market have reached 71. Between October 2022 and November 2022, McDonald County, MO real estate market has seen increase in the number of listings by 14.5%. In November 2022, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $172,000. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 92.3%, prices of 2 bedrooms properties decreased by 10.4%, 3 bedrooms properties prices increased by 15.9%, the cost of 4 bedrooms properties went down by 13.6%, prices of 5 bedrooms properties went down by 24%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 26.7% more available, 3 bedrooms homes inventory increased by 6.7%, 4 bedrooms homes inventory increased by 21.4%, number of 5 bedrooms homes remained the same. Over 2 listings were sold over their listed price in November 2022 in McDonald County, MO. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.

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