Is Moberly, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Moberly was a Seller's Market.
Key Takeaway
Moberly is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Moberly, MO
How much do homes in Moberly, MO cost?
Median Sold Price
$153,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Moberly have sold for 22.4% more than they did a year ago.
Summary: The median home sold price in Moberly was $153,000 in March 2024, up 22.4% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34.2K | $42.5K | +24.4% |
| 2 Bedrooms | $85K | $90.3K | +6.3% |
| 3 Bedrooms | $139.5K | $166.9K | +19.7% |
| 4 Bedrooms | $194.7K | $212.5K | +9.1% |
| 5+ Bedrooms | $263K | $290K | +10.3% |
Summary: Moberly housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Moberly | $125K | $153K | +22.4% |
| South Sugar Creek Township | $149.2K | $166K | +11.2% |
Housing Supply in Moberly, MO
How many homes are available in Moberly, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 77 | -1.3% |
Summary: The Moberly real estate market had 77 homes for sale in March 2024, a 1.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Moberly housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moberly, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Moberly in March 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Moberly, MO
How long does it take to sell a home in Moberly, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 65 Days | +68.0% |
Summary: Homes in Moberly had an average of 65 days on market in Mar 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moberly are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Moberly; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.