Is Webb City, 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, Webb City has remained a Seller's Market.
Housing Prices in Webb City, MO
How much do homes in Webb City, MO cost?
Median Sold Price
$189,950
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Webb City was $189,950 in March 2024, up 7.2% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $44K | $58.7K | +33.5% |
2 Bedrooms | $94.7K | $110.5K | +16.6% |
3 Bedrooms | $175.9K | $187.1K | +6.3% |
4 Bedrooms | $288.7K | $295.9K | +2.5% |
5+ Bedrooms | $314.9K | $387.5K | +23.1% |
Summary: Webb City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.5%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 23.1%.
Median Sold Price Compared To Nearby Cities
Mineral Township | $191.5K | $234K | +22.2% |
Carterville | $154.7K | $179.3K | +15.9% |
Webb City | $177.2K | $189.9K | +7.2% |
Joplin Township | $169K | $178.6K | +5.7% |
Joplin | $171.3K | $180K | +5.1% |
Housing Supply in Webb City, MO
How many homes are available in Webb City, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
105 | 102 | -2.9% |
Summary: The Webb City real estate market had 102 homes for sale in March 2024, a 2.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 55 | 51 | -7.3% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Webb City 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 remained the same, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 25 | +13.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Webb City in March 2024, up by 13.6% month-over-month. Of the 24 sold homes, 29% were sold under asking, 29% were sold at asking, and 42% were sold over asking.
Days on Market for Webb City, MO
How long does it take to sell a home in Webb City, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
91 Days | 83 Days | -9.5% |
Summary: Homes in Webb City had an average of 83 days on market in Mar 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Webb City; 12% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.