Is Strafford, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Strafford has remained a Seller's Market.
Housing Prices in Strafford, MO
How much do homes in Strafford, MO cost?
Median Sold Price
$296,250
-
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 | - | $122.4K | N/A |
2 Bedrooms | $144.5K | $265K | +83.4% |
3 Bedrooms | $225K | $272.3K | +21.0% |
4 Bedrooms | $365K | $395.5K | +8.4% |
5+ Bedrooms | $525K | $389.9K | -25.7% |
Summary: Strafford 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 83.4%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 25.7%.
Median Sold Price Compared To Nearby Cities
Strafford | $249.9K | $296.2K | +18.5% |
Jackson No. 2 Township | $230K | $249.9K | +8.7% |
North Campbell No. 1 Township | $457K | $439.9K | -3.7% |
Housing Supply in Strafford, MO
How many homes are available in Strafford, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Summary: The Strafford real estate market had 28 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Strafford 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 200%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Strafford in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Strafford, MO
How long does it take to sell a home in Strafford, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 50 Days | -45.3% |
Summary: Homes in Strafford had an average of 50 days on market in Mar 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
3 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, 5 homes were sold in Strafford; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.