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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Newton County, MO

How much do homes in Newton County, MO cost?

Median Sold Price

$186,861

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,527(+6.6%)

Key Takeaway

Homes in Newton County have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Newton County was $186,861 in March 2024, up 6.6% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $125.5K$55K
-56.2%
2 $107.4K$118K
+9.8%
3 $175K$190.5K
+8.9%
4 $233.9K$252K
+7.7%
5+ $295K$270K
-8.5%

Summary: Newton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.2%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Counties

McDonald County
+26.5%
Jasper County
+6.9%
Lawrence County
+6.8%
Newton County
+6.6%
Ottawa County
-12.8%

Housing Supply in Newton County, MO

How many homes are available in Newton County, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
198201+1.5%

Summary: The Newton County real estate market had 201 homes for sale in March 2024, a 1.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 87
-12.5%
2 2429
+20.8%
3 116104
-10.3%
4 4347
+9.3%
5+ 714
+100.0%

Summary: The Newton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3746+24.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton County, you could pay more than the asking price. 41.9% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in Newton County in March 2024, up by 24.3% month-over-month. Of the 43 sold homes, 40% were sold under asking, 19% were sold at asking, and 42% were sold over asking.

Days on Market for Newton County, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
98 Days77 Days-21.7%

Summary: Homes in Newton County had an average of 77 days on market in Mar 2024, down by 21.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Newton County has remained consistent over time.

Summary: During March 2024, 46 homes were sold in Newton County; 24% of homes were sold within 30 days, 43% 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 18 Days Ago

Newest Listings in Newton County, MO

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