Is Crane, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Crane has remained a Seller's Market.
Housing Prices in Crane, MO
How much do homes in Crane, MO cost?
Median Sold Price
$177,500
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Crane was $177,500 in May 2024, up 39.2% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $79.9K | $232.4K | +190.9% |
2 Bedrooms | $110K | $135.1K | +22.9% |
3 Bedrooms | $151K | $215K | +42.4% |
4 Bedrooms | $550K | $225K | -59.1% |
5+ Bedrooms | $132K | - | N/A |
Summary: Crane housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 190.9%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 42.4%, 4 bedroom homes decreased by 59.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Crane | $127.5K | $177.5K | +39.2% |
Pierce Township | $125.2K | $155K | +23.8% |
Housing Supply in Crane, MO
How many homes are available in Crane, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Crane real estate market had 15 homes for sale in May 2024, a 15.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crane 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Crane in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Crane, MO
How long does it take to sell a home in Crane, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 31 Days | -7.5% |
Summary: Homes in Crane had an average of 31 days on market in May 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Crane; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.