Is Shannon County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Shannon County has remained a Buyer's Market.
Housing Prices in Shannon County, MO
How much do homes in Shannon County, MO cost?
Median Sold Price
$152,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shannon County was $152,000 in April 2024, down 5.6% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $69K | $125K | +81.2% |
2 Bedrooms | $165K | $157K | -4.8% |
3 Bedrooms | $98.1K | $143.9K | +46.6% |
4 Bedrooms | $245K | $117.5K | -52.0% |
5+ Bedrooms | $341.5K | $266.7K | -21.9% |
Summary: Shannon County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.2%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 46.6%, 4 bedroom homes decreased by 52%, and 5+ bedroom homes decreased by 21.9%.
Median Sold Price Compared To Nearby Counties
Texas County | $155.1K | $165K | +6.3% |
Shannon County | $161.1K | $152K | -5.6% |
Housing Supply in Shannon County, MO
How many homes are available in Shannon County, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 26 | -10.3% |
Summary: The Shannon County real estate market had 26 homes for sale in April 2024, a 10.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Shannon County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Shannon County in April 2024, up by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Shannon County, MO
How long does it take to sell a home in Shannon County, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
1 Day | 102 Days | +10166.7% |
Summary: Homes in Shannon County had an average of 102 days on market in Apr 2024, up by 10166.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Shannon County; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.