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
$180,062
$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 $180,062 in April 2024, up 5.1% 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 | +19.3% |
3 Bedrooms | $176K | $185K | +5.1% |
4 Bedrooms | $274.1K | $296K | +8.0% |
5+ Bedrooms | $365K | $411K | +12.6% |
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 19.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 12.6%.
Median Sold Price Compared To Nearby Cities
Joplin | $168.3K | $180.1K | +7.0% |
Joplin Township | $168.7K | $179.5K | +6.4% |
Joplin | $171.2K | $180K | +5.1% |
Housing Supply in Joplin, MO
How many homes are available in Joplin, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
361 | 366 | +1.4% |
Summary: The Joplin real estate market had 366 homes for sale in April 2024, a 1.4% increase 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 | 182 | 184 | +1.1% |
4 Bedrooms | 60 | 66 | +10.0% |
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 increased by 1.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 79 | -19.4% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in Joplin in April 2024, down by 19.4% month-over-month. Of the 77 sold homes, 32% were sold under asking, 30% were sold at asking, and 38% 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 | +1.6% |
Summary: Homes in Joplin had an average of 60 days on market in Apr 2024, up by 1.6% 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.