Is West Plains, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Plains was a Seller's Market.
Housing Prices in West Plains, MO
How much do homes in West Plains, MO cost?
Median Sold Price
$192,350
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Plains was $192,350 in April 2024, up 16.6% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $7.5K | $269K | +3486.7% |
2 Bedrooms | $86K | $117K | +36.0% |
3 Bedrooms | $165K | $192.5K | +16.7% |
4 Bedrooms | $252.5K | $240K | -5.0% |
5+ Bedrooms | $385K | $335K | -13.0% |
Summary: West Plains housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3486.7%, 2 bedroom homes increased by 36%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Cities
West Plains | $165K | $192.3K | +16.6% |
Howell Township | $170.9K | $185.6K | +8.6% |
Housing Supply in West Plains, MO
How many homes are available in West Plains, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 152 | +10.1% |
Summary: The West Plains real estate market had 152 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 20 | 25 | +25.0% |
3 Bedrooms | 70 | 75 | +7.1% |
4 Bedrooms | 33 | 34 | +3.0% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The West Plains housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in West Plains in April 2024, up by 17.6% month-over-month. Of the 20 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.
Days on Market for West Plains, MO
How long does it take to sell a home in West Plains, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 79 Days | +4.1% |
Summary: Homes in West Plains had an average of 79 days on market in Apr 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in West Plains; 65% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.