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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ozark is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ozark, MO

How much do homes in Ozark, MO cost?

Median Sold Price

$299,423

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,090(+3.1%)

Key Takeaway

Homes in Ozark have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Ozark was $299,423 in March 2024, up 3.1% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $159.5K$183.7K
+15.2%
3 $250K$263.3K
+5.4%
4 $355K$357K
+0.6%
5+ $428K$469.9K
+9.8%

Summary: Ozark housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

East Finley Township
+9.6%
Cassidy Township
+4.2%
Ozark
+3.1%
West Finley Township
+2.8%
Riverside Township
-5.4%

Housing Supply in Ozark, MO

How many homes are available in Ozark, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
164161-1.8%

Summary: The Ozark real estate market had 161 homes for sale in March 2024, a 1.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 7068
-2.9%
4 5752
-8.8%
5+ 3233
+3.1%

Summary: The Ozark housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 3.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4834-29.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ozark, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Ozark in March 2024, down by 29.2% month-over-month. Of the 32 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.

Days on Market for Ozark, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
32 Days49 Days+53.6%

Summary: Homes in Ozark had an average of 49 days on market in Mar 2024, up by 53.6% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 34 homes were sold in Ozark; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 15% 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 19 Days Ago

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