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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ridgedale is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Ridgedale was a Buyer's Market.

Key Takeaway

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

Housing Prices in Ridgedale, MO

How much do homes in Ridgedale, MO cost?

Median Sold Price

$500,500

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$150,600(+43.0%)

Key Takeaway

Homes in Ridgedale have sold for 43% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $349.9K$286K
-18.3%
4 --
N/A
5+ -$715K
N/A

Summary: Ridgedale housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ridgedale
+43.0%
Pine A Township
+26.1%

Housing Supply in Ridgedale, MO

How many homes are available in Ridgedale, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
911+22.2%

Summary: The Ridgedale real estate market had 11 homes for sale in March 2024, a 22.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 34
+33.3%
5+ 13
+200.0%

Summary: The Ridgedale 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ridgedale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ridgedale in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Ridgedale, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
21 Days24 Days+16.7%

Summary: Homes in Ridgedale had an average of 24 days on market in Mar 2024, up by 16.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Ridgedale; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in Ridgedale, MO

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