Is Randolph 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, Randolph County has remained a Seller's Market.
Key Takeaway
Randolph County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Randolph County, MO
How much do homes in Randolph County, MO cost?
Median Sold Price
$154,800
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Randolph County have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in Randolph County was $154,800 in April 2024, up 21.3% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41.9K | $102K | +143.2% |
| 2 Bedrooms | $84K | $95K | +13.1% |
| 3 Bedrooms | $149.2K | $166.9K | +11.9% |
| 4 Bedrooms | $179.4K | $212.5K | +18.4% |
| 5+ Bedrooms | $263K | $290K | +10.3% |
Summary: Randolph County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 143.2%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Counties
| Randolph County | $127.6K | $154.8K | +21.3% |
| Audrain County | $136.7K | $138.4K | +1.2% |
Housing Supply in Randolph County, MO
How many homes are available in Randolph County, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 95 | 100 | +5.3% |
Summary: The Randolph County real estate market had 100 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 47 | 45 | -4.3% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Randolph County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 31 | +121.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randolph County, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Randolph County in April 2024, up by 121.4% month-over-month. Of the 31 sold homes, 48% were sold under asking, 39% were sold at asking, and 13% were sold over asking.
Days on Market for Randolph County, MO
How long does it take to sell a home in Randolph County, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 61 Days | +208.7% |
Summary: Homes in Randolph County had an average of 61 days on market in Apr 2024, up by 208.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Randolph County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 31 homes were sold in Randolph County; 52% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.