Is Kimberling City, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Kimberling City has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250.9K | $79K | -68.5% |
2 Bedrooms | $255K | $245K | -3.9% |
3 Bedrooms | $322.5K | $345K | +7.0% |
4 Bedrooms | $480K | $385K | -19.8% |
5+ Bedrooms | $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 | $315K | $334.9K | +6.3% |
Ruth B Rural Township | $320K | $325K | +1.6% |
Kimberling City | $337.4K | $319K | -5.5% |
Housing Supply in Kimberling City, MO
How many homes are available in Kimberling City, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
94 | 87 | -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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 27 | 22 | -18.5% |
3 Bedrooms | 28 | 27 | -3.6% |
4 Bedrooms | 23 | 23 | 0.0% |
5+ Bedrooms | 14 | 13 | -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 2024 | May 2024 | CHANGE |
---|---|---|
17 | 19 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 62 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
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.