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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ridgedale is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ridgedale was a Seller's Market.

Key Takeaway

Ridgedale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ridgedale, MO

How much do homes in Ridgedale, MO cost?

Median Sold Price

$388,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$100,000(-20.5%)

Key Takeaway

Homes in Ridgedale have sold for 20.5% less than they did a year ago.

Summary: The median home sold price in Ridgedale was $388,000 in April 2024, down 20.5% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $145K-
N/A
2 $195K-
N/A
3 $488K$349.9K
-28.3%
4 $680K-
N/A
5+ $700K$885K
+26.4%

Summary: Ridgedale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 26.4%.

Median Sold Price Compared To Nearby Cities

Pine A Township
+21.2%
Scott Township
+9.3%
Oliver Township
+5.7%
Ridgedale
-20.5%

Housing Supply in Ridgedale, MO

How many homes are available in Ridgedale, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1110-9.1%

Summary: The Ridgedale real estate market had 10 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 43
-25.0%
5+ 32
-33.3%

Summary: The Ridgedale 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ridgedale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ridgedale in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ridgedale, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
2 Days102 Days+3980.0%

Summary: Homes in Ridgedale had an average of 102 days on market in Apr 2024, up by 3980% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ridgedale are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Ridgedale; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Ridgedale, MO

Nearby Markets to Ridgedale, MO

What housing markets are near Ridgedale, MO?