Is Noel, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noel is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Noel was a Buyer's Market.

Key Takeaway

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

Housing Prices in Noel, MO

How much do homes in Noel, MO cost?

Median Sold Price

$244,500

$128/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$59,500(+32.2%)

Key Takeaway

Homes in Noel have sold for 32.2% more than they did a month ago.

Summary: The median home sold price in Noel was $244,500 in April 2024, up 32.2% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$143.5K
N/A
3 $185K$330K
+78.4%
4 --
N/A
5+ --
N/A

Summary: Noel housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 78.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Noel
+32.2%
Elk River West Township
+32.2%

Housing Supply in Noel, MO

How many homes are available in Noel, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1621+31.3%

Summary: The Noel real estate market had 21 homes for sale in April 2024, a 31.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1114
+27.3%
4 33
0.0%
5+ 00
0.0%

Summary: The Noel housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noel, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Noel in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Noel, MO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
139 Days105 Days-23.9%

Summary: Homes in Noel had an average of 105 days on market in Apr 2024, down by 23.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Noel; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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