Is Monett, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Monett has remained a Seller's Market.
Housing Prices in Monett, MO
How much do homes in Monett, MO cost?
Median Sold Price
$202,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Monett was $202,000 in February 2024, up 22.4% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52.5K | $73K | +39.0% |
2 Bedrooms | $105.5K | $102.9K | -2.4% |
3 Bedrooms | $177.9K | $206.5K | +16.0% |
4 Bedrooms | $195.7K | $250K | +27.7% |
5+ Bedrooms | $250K | $273.2K | +9.3% |
Summary: Monett housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Monett Township | $165K | $203.5K | +23.3% |
Monett | $165K | $202K | +22.4% |
Pierce Township | $195.3K | $225.9K | +15.6% |
Housing Supply in Monett, MO
How many homes are available in Monett, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
66 | 69 | +4.5% |
Summary: The Monett real estate market had 69 homes for sale in February 2024, a 4.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Monett housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Monett in February 2024, up by 116.7% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% were sold over asking.
Days on Market for Monett, MO
How long does it take to sell a home in Monett, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
44 Days | 24 Days | -45.2% |
Summary: Homes in Monett had an average of 24 days on market in Feb 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in Monett; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.