Is 64854, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64854 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 64854 was a Seller's Market.

Key Takeaway

64854 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 64854, MO

How much do homes in 64854, MO cost?

Median Sold Price

$249,000

$114/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$4,500(+1.8%)

Key Takeaway

Homes in 64854 have sold for 1.8% more than they did a month ago.

Summary: The median home sold price in 64854 was $249,000 in May 2024, up 1.8% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $143.5K$249K
+73.5%
3 $330K$282K
-14.5%
4 --
N/A
5+ --
N/A

Summary: 64854 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.5%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 64854, MO

How many homes are available in 64854, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2218-18.2%

Summary: The 64854 real estate market had 18 homes for sale in May 2024, a 18.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1511
-26.7%
4 33
0.0%
5+ 12
+100.0%

Summary: The 64854 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 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 64854, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 64854 in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 64854, MO

How long does it take to sell a home in 64854, MO?

Average Sale Time

Apr 2024May 2024CHANGE
105 Days26 Days-75.1%

Summary: Homes in 64854 had an average of 26 days on market in May 2024, down by 75.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 64854 has remained consistent over time.

Summary: During May 2024, 3 homes were sold in 64854; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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