Is McDonald 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, McDonald County has remained a Seller's Market.
Housing Prices in McDonald County, MO
How much do homes in McDonald County, MO cost?
Median Sold Price
$216,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in McDonald County was $216,500 in April 2024, up 37% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.5K | $76.2K | -69.4% |
2 Bedrooms | $98K | $139K | +41.8% |
3 Bedrooms | $175K | $231.7K | +32.4% |
4 Bedrooms | $185.2K | $250K | +35.0% |
5+ Bedrooms | $264.2K | $430.7K | +63.0% |
Summary: McDonald County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.4%, 2 bedroom homes increased by 41.8%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 63%.
Median Sold Price Compared To Nearby Counties
McDonald County | $158K | $216.5K | +37.0% |
Barry County | $190K | $220.3K | +16.0% |
Newton County | $175K | $189.9K | +8.5% |
Benton County | $349.9K | $364.4K | +4.1% |
Delaware County | $255K | $265K | +3.9% |
Housing Supply in McDonald County, MO
How many homes are available in McDonald County, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 92 | +16.5% |
Summary: The McDonald County real estate market had 92 homes for sale in April 2024, a 16.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 44 | 46 | +4.5% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 1 | 5 | +400.0% |
Summary: The McDonald County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 400%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in McDonald County in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 35% were sold under asking, 53% were sold at asking, and 12% were sold over asking.
Days on Market for McDonald County, MO
How long does it take to sell a home in McDonald County, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 92 Days | +58.0% |
Summary: Homes in McDonald County had an average of 92 days on market in Apr 2024, up by 58% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in McDonald County; 24% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.