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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cabool is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Cabool was a Seller's Market.

Key Takeaway

Cabool is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cabool, MO

How much do homes in Cabool, MO cost?

Median Sold Price

$135,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$20,000(-12.9%)

Key Takeaway

Homes in Cabool have sold for 12.9% less than they did a year ago.

Summary: The median home sold price in Cabool was $135,000 in May 2024, down 12.9% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $75.8K$90K
+18.7%
3 $154.9K$136.5K
-11.9%
4 $269.9K$236K
-12.6%
5+ $385K-
N/A

Summary: Cabool housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cabool
-12.9%
Burdine Township
-22.3%

Housing Supply in Cabool, MO

How many homes are available in Cabool, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2722-18.5%

Summary: The Cabool real estate market had 22 homes for sale in May 2024, a 18.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 107
-30.0%
4 108
-20.0%
5+ 55
0.0%

Summary: The Cabool 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cabool, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cabool in May 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Cabool, MO

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

Average Sale Time

May 2023May 2024CHANGE
68 Days28 Days-58.1%

Summary: Homes in Cabool had an average of 28 days on market in May 2024, down by 58.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Cabool; 50% of homes were sold within 30 days, 50% 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

Newest Listings in Cabool, MO

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