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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washburn is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Washburn was a Neutral Market.

Key Takeaway

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

Housing Prices in Washburn, MO

How much do homes in Washburn, MO cost?

Median Sold Price

$220,000

$140/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$50,000(+29.4%)

Key Takeaway

Homes in Washburn have sold for 29.4% more than they did a month ago.

Summary: The median home sold price in Washburn was $220,000 in March 2024, up 29.4% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$220K
+29.4%
4 --
N/A
5+ --
N/A

Summary: Washburn housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washburn
+29.4%
Washburn Township
+29.4%

Housing Supply in Washburn, MO

How many homes are available in Washburn, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
75-28.6%

Summary: The Washburn real estate market had 5 homes for sale in March 2024, a 28.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 63
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Washburn 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washburn, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Washburn in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Washburn, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
17 Days139 Days+717.6%

Summary: Homes in Washburn had an average of 139 days on market in Mar 2024, up by 717.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Washburn are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Washburn; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in Washburn, MO

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