Is Joplin, 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, Joplin has remained a Seller's Market.
Housing Prices in Joplin, MO
How much do homes in Joplin, MO cost?
Median Sold Price
$180,108
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Joplin was $180,108 in April 2024, up 7% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $44K | $45.5K | +3.4% |
2 Bedrooms | $91.9K | $109.7K | +19.4% |
3 Bedrooms | $174.5K | $185K | +6.0% |
4 Bedrooms | $272.3K | $295.3K | +8.4% |
5+ Bedrooms | $350K | $405K | +15.7% |
Summary: Joplin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Cities
Joplin | $168.3K | $180.1K | +7.0% |
Shoal Creek Township | $261K | $255K | -2.3% |
Leawood | $327K | $255K | -22.0% |
Housing Supply in Joplin, MO
How many homes are available in Joplin, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
356 | 354 | -0.6% |
Summary: The Joplin real estate market had 354 homes for sale in April 2024, a 0.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 79 | 79 | 0.0% |
3 Bedrooms | 181 | 180 | -0.6% |
4 Bedrooms | 56 | 58 | +3.6% |
5+ Bedrooms | 35 | 34 | -2.9% |
Summary: The Joplin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 79 | -17.7% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in Joplin in April 2024, down by 17.7% month-over-month. Of the 77 sold homes, 32% were sold under asking, 31% were sold at asking, and 36% were sold over asking.
Days on Market for Joplin, MO
How long does it take to sell a home in Joplin, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 60 Days | +1.2% |
Summary: Homes in Joplin had an average of 60 days on market in Apr 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
48 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 79 homes were sold in Joplin; 20% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.