Is Webb City, 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, Webb City has remained a Seller's Market.
Housing Prices in Webb City, MO
How much do homes in Webb City, MO cost?
Median Sold Price
$189,900
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Webb City was $189,900 in April 2024, up 7.9% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $33K | $58.7K | +78.0% |
2 Bedrooms | $94.7K | $110.5K | +16.6% |
3 Bedrooms | $175K | $189.8K | +8.5% |
4 Bedrooms | $294.2K | $289.9K | -1.5% |
5+ Bedrooms | $314.9K | $358.7K | +13.9% |
Summary: Webb City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Cities
Mineral Township | $190K | $235K | +23.7% |
Carterville | $155K | $182.2K | +17.6% |
Webb City | $175.9K | $189.9K | +7.9% |
Joplin Township | $168.7K | $179.5K | +6.4% |
Joplin | $171.2K | $180K | +5.1% |
Housing Supply in Webb City, MO
How many homes are available in Webb City, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 91 | -8.1% |
Summary: The Webb City real estate market had 91 homes for sale in April 2024, a 8.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 18 | 17 | -5.6% |
3 Bedrooms | 48 | 44 | -8.3% |
4 Bedrooms | 25 | 23 | -8.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Webb City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Webb City in April 2024, down by 3.6% month-over-month. Of the 26 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% were sold over asking.
Days on Market for Webb City, MO
How long does it take to sell a home in Webb City, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 76 Days | +64.0% |
Summary: Homes in Webb City had an average of 76 days on market in Apr 2024, up by 64% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Webb City; 19% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.