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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smithville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Smithville has remained a Seller's Market.

Key Takeaway

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

How much do homes in Smithville, MO cost?

Median Sold Price

$140,500

$109/sqft

Based on all homes sold in October 2021.

Difference Since Last Month

-$104,500(-42.7%)

Key Takeaway

Homes in Smithville have sold for 42.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Oct 2021%
1 --
N/A
2 -$140.5K
N/A
3 $245K-
N/A
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Platte Township
-30.6%
Smithville
-42.7%

How many homes are available in Smithville, MO?

Number of Homes For Sale

Sep 2021Oct 2021%
6257-8.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 810
+25.0%
3 2620
-23.1%
4 2526
+4.0%
5+ 31
-66.7%

Number of Homes Sold

Sep 2021Oct 2021%
3116-48.4%

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 Smithville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Smithville, MO

Smithville, MO has 57 homes on the market. The inventory of homes for sale in Smithville, MO between September 2021 and October 2021 decreased by 8.1%. In October 2021 median list price was $140,500 and the average listing age was 7 days. Listing prices have changed in this real estate market between October 2020 and October 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 0%, 4 bedrooms properties became 0% more expensive, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 25%, number of 3 bedrooms homes decreased by 23.1%, the quantity of 4 bedrooms homes went up by 4%, the quantity of 5 bedrooms homes went down by 66.7%. In October 2021 more than 1 listings in Smithville, MO were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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