Is Newton County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Newton County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125.5K | $55K | -56.2% |
2 Bedrooms | $107.4K | $118K | +9.8% |
3 Bedrooms | $175K | $190.5K | +8.9% |
4 Bedrooms | $233.9K | $252K | +7.7% |
5+ Bedrooms | $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 | $167.2K | $211.5K | +26.5% |
Jasper County | $175K | $187.1K | +6.9% |
Lawrence County | $167.9K | $179.3K | +6.8% |
Newton County | $175.3K | $186.8K | +6.6% |
Ottawa County | $360K | $314K | -12.8% |
Housing Supply in Newton County, MO
How many homes are available in Newton County, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
198 | 201 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 24 | 29 | +20.8% |
3 Bedrooms | 116 | 104 | -10.3% |
4 Bedrooms | 43 | 47 | +9.3% |
5+ Bedrooms | 7 | 14 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 46 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 77 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
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.