Is Midtown, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Midtown is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Midtown, MO

How much do homes in Midtown, MO cost?

Median Sold Price

$174,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$24,500(+16.3%)

Key Takeaway

Homes in Midtown have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $112.2K$75K
-33.2%
3 $163.5K$175K
+7.0%
4 $230K$196K
-14.8%
5+ -$329K
N/A

Summary: Midtown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.2%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Midtown
+16.3%
Woodland Heights
+14.1%
Robberson
+12.9%
Weller
+2.5%

Housing Supply in Midtown, MO

How many homes are available in Midtown, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
118-27.3%

Summary: The Midtown real estate market had 8 homes for sale in April 2024, a 27.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 21
-50.0%
5+ 21
-50.0%

Summary: The Midtown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Midtown, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Midtown in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Midtown, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days58 Days+120.1%

Summary: Homes in Midtown had an average of 58 days on market in Apr 2024, up by 120.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Midtown; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in Midtown, MO

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