Is Shell Knob, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Shell Knob was a Seller's Market.
Housing Prices in Shell Knob, MO
How much do homes in Shell Knob, MO cost?
Median Sold Price
$385,000
-
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225.2K | $195K | -13.4% |
2 Bedrooms | $223K | $254.9K | +14.3% |
3 Bedrooms | $381.5K | $375K | -1.7% |
4 Bedrooms | $607.5K | $577.5K | -4.9% |
5+ Bedrooms | $578K | $800K | +38.4% |
Summary: Shell Knob housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Cities
Shell Knob Township | $330K | $385K | +16.7% |
Shell Knob | $376.5K | $385K | +2.3% |
White River Township | $375.7K | $337.5K | -10.2% |
Housing Supply in Shell Knob, MO
How many homes are available in Shell Knob, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 40 | +11.1% |
Summary: The Shell Knob real estate market had 40 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Shell Knob housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Shell Knob in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Shell Knob, MO
How long does it take to sell a home in Shell Knob, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
102 Days | 141 Days | +38.7% |
Summary: Homes in Shell Knob had an average of 141 days on market in Mar 2024, up by 38.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Shell Knob; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.