Is Shell Knob, 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, Shell Knob has remained a Seller's Market.
Housing Prices in Shell Knob, MO
How much do homes in Shell Knob, MO cost?
Median Sold Price
$400,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $204.5K | +4.9% |
2 Bedrooms | $225K | $200K | -11.1% |
3 Bedrooms | $378K | $400K | +5.8% |
4 Bedrooms | $450K | $639K | +42.0% |
5+ Bedrooms | $679K | $720K | +6.0% |
Summary: Shell Knob housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 42%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Alpine Township | $291.5K | $400K | +37.2% |
Shell Knob Township | $332.5K | $400K | +20.3% |
Shell Knob | $376.5K | $400K | +6.2% |
White River Township | $392K | $337.5K | -13.9% |
Williams Township | $393.7K | $239.9K | -39.1% |
Housing Supply in Shell Knob, MO
How many homes are available in Shell Knob, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 51 | +27.5% |
Summary: The Shell Knob real estate market had 51 homes for sale in April 2024, a 27.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 17 | 22 | +29.4% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Shell Knob housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Shell Knob in April 2024, up by 100.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Shell Knob, MO
How long does it take to sell a home in Shell Knob, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 37 Days | +68.8% |
Summary: Homes in Shell Knob had an average of 37 days on market in Apr 2024, up by 68.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Shell Knob; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.