Is Cedar 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, Cedar County has remained a Seller's Market.
Housing Prices in Cedar County, MO
How much do homes in Cedar County, MO cost?
Median Sold Price
$159,250
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cedar County was $159,250 in April 2024, up 1.1% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $90K | +50.0% |
2 Bedrooms | $100.7K | $94K | -6.7% |
3 Bedrooms | $157.7K | $175.7K | +11.4% |
4 Bedrooms | $250K | $232K | -7.2% |
5+ Bedrooms | $260K | $440.4K | +69.4% |
Summary: Cedar County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 69.4%.
Median Sold Price Compared To Nearby Counties
Dade County | $130K | $164K | +26.2% |
Barton County | $126K | $147K | +16.7% |
Vernon County | $144.3K | $156.1K | +8.2% |
Cedar County | $157.5K | $159.2K | +1.1% |
Housing Supply in Cedar County, MO
How many homes are available in Cedar County, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 93 | +1.1% |
Summary: The Cedar County real estate market had 93 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 20 | 12 | -40.0% |
3 Bedrooms | 52 | 59 | +13.5% |
4 Bedrooms | 11 | 17 | +54.5% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Cedar County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 16 | -27.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Cedar County in April 2024, down by 27.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Cedar County, MO
How long does it take to sell a home in Cedar County, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 76 Days | +62.1% |
Summary: Homes in Cedar County had an average of 76 days on market in Apr 2024, up by 62.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Cedar County; 38% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.