Is 65802, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65802 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 65802 has remained a Seller's Market.

Key Takeaway

65802 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65802, MO

How much do homes in 65802, MO cost?

Median Sold Price

$190,083

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$6,583(+3.6%)

Key Takeaway

Homes in 65802 have sold for 3.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $60K$66.2K
+10.4%
2 $105K$121.9K
+16.2%
3 $187.3K$206.8K
+10.4%
4 $312.5K$304.9K
-2.4%
5+ $447K$415K
-7.2%

Summary: 65802 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Zip Codes

65807
+6.6%
65802
+3.6%
65803
+0.6%
65806
0.0%

Housing Supply in 65802, MO

How many homes are available in 65802, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
242244+0.8%

Summary: The 65802 real estate market had 244 homes for sale in May 2024, a 0.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 45
+25.0%
2 6455
-14.1%
3 113122
+8.0%
4 4149
+19.5%
5+ 2013
-35.0%

Summary: The 65802 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 35%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6768+1.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65802, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 68 homes were sold or pending in 65802 in May 2024, up by 1.5% month-over-month. Of the 68 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.

Days on Market for 65802, MO

How long does it take to sell a home in 65802, MO?

Average Sale Time

May 2023May 2024CHANGE
22 Days16 Days-26.5%

Summary: Homes in 65802 had an average of 16 days on market in May 2024, down by 26.5% compared to last year.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65802 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 68 homes were sold in 65802; 84% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 1% 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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