Is Kimberling City, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kimberling City is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Kimberling City has remained a Seller's Market.

Key Takeaway

Kimberling City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kimberling City, MO

How much do homes in Kimberling City, MO cost?

Median Sold Price

$319,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$18,450(-5.5%)

Key Takeaway

Homes in Kimberling City have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Kimberling City was $319,000 in May 2024, down 5.5% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $250.9K$79K
-68.5%
2 $255K$245K
-3.9%
3 $322.5K$345K
+7.0%
4 $480K$385K
-19.8%
5+ $685K$440K
-35.8%

Summary: Kimberling City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.5%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 35.8%.

Median Sold Price Compared To Nearby Cities

Ruth B City Township
+6.3%
Ruth B Rural Township
+1.6%
Kimberling City
-5.5%

Housing Supply in Kimberling City, MO

How many homes are available in Kimberling City, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9487-7.4%

Summary: The Kimberling City real estate market had 87 homes for sale in May 2024, a 7.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2722
-18.5%
3 2827
-3.6%
4 2323
0.0%
5+ 1413
-7.1%

Summary: The Kimberling City 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 decreased by 18.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kimberling City, you may be able to get a good deal. 84.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Kimberling City in May 2024, up by 11.8% month-over-month. Of the 19 sold homes, 84% were sold under asking, 16% were sold at asking, and 0% were sold over asking.

Days on Market for Kimberling City, MO

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

Average Sale Time

May 2023May 2024CHANGE
30 Days62 Days+105.6%

Summary: Homes in Kimberling City had an average of 62 days on market in May 2024, up by 105.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 19 homes were sold in Kimberling City; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% 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

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