Is Callaway County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Callaway County has remained a Seller's Market.
Housing Prices in Callaway County, MO
How much do homes in Callaway County, MO cost?
Median Sold Price
$220,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Callaway County was $220,000 in April 2024, up 10.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | $68.5K | -36.6% |
2 Bedrooms | $126.5K | $140K | +10.7% |
3 Bedrooms | $196K | $215K | +9.7% |
4 Bedrooms | $277.5K | $328K | +18.2% |
5+ Bedrooms | $367.4K | $360K | -2.0% |
Summary: Callaway County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Counties
Callaway County | $198.4K | $220K | +10.9% |
Boone County | $282.4K | $300.2K | +6.3% |
Audrain County | $136.7K | $138.4K | +1.2% |
Housing Supply in Callaway County, MO
How many homes are available in Callaway County, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 72 | -14.3% |
Summary: The Callaway County real estate market had 72 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 12 | -20.0% |
3 Bedrooms | 41 | 37 | -9.8% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Callaway County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 18 | -25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Callaway County in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.
Days on Market for Callaway County, MO
How long does it take to sell a home in Callaway County, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 21 Days | -63.0% |
Summary: Homes in Callaway County had an average of 21 days on market in Apr 2024, down by 63% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Callaway County; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.