Is Walnut Grove, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Grove is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Walnut Grove has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Walnut Grove, MO

How much do homes in Walnut Grove, MO cost?

Median Sold Price

$219,000

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$48,500(-18.1%)

Key Takeaway

Homes in Walnut Grove have sold for 18.1% less than they did a year ago.

Summary: The median home sold price in Walnut Grove was $219,000 in March 2024, down 18.1% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$190K
N/A
2 $123.3K$134.5K
+9.1%
3 $250K$183.6K
-26.5%
4 $395K$269.5K
-31.8%
5+ -$539K
N/A

Summary: Walnut Grove 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 9.1%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Walnut Grove
-18.1%
Walnut Grove Township
-21.9%

Housing Supply in Walnut Grove, MO

How many homes are available in Walnut Grove, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1513-13.3%

Summary: The Walnut Grove real estate market had 13 homes for sale in March 2024, a 13.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 54
-20.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Walnut Grove 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 decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walnut Grove, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Walnut Grove in March 2024, up by 100.0% 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 Walnut Grove, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
4 Days60 Days+1405.0%

Summary: Homes in Walnut Grove had an average of 60 days on market in Mar 2024, up by 1405% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Walnut Grove; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 25 Days Ago

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