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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cassville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Cassville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cassville, MO

How much do homes in Cassville, MO cost?

Median Sold Price

$185,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,750(+5.0%)

Key Takeaway

Homes in Cassville have sold for 5% more than they did a year ago.

Summary: The median home sold price in Cassville was $185,000 in May 2024, up 5% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $260K$141.7K
-45.5%
2 $125K$87.2K
-30.2%
3 $169.2K$204.9K
+21.1%
4 $257.5K$245K
-4.9%
5+ $335K$335K
0.0%

Summary: Cassville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.5%, 2 bedroom homes decreased by 30.2%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Flat Creek Township
+11.6%
Cassville
+5.0%

Housing Supply in Cassville, MO

How many homes are available in Cassville, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3431-8.8%

Summary: The Cassville real estate market had 31 homes for sale in May 2024, a 8.8% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 33
0.0%
3 1917
-10.5%
4 109
-10.0%
5+ 00
0.0%

Summary: The Cassville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cassville, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Cassville in May 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Cassville, MO

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

Average Sale Time

May 2023May 2024CHANGE
61 Days75 Days+22.0%

Summary: Homes in Cassville had an average of 75 days on market in May 2024, up by 22% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 10 homes were sold in Cassville; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 8 Days Ago

Newest Listings in Cassville, MO

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