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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlandville is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Highlandville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Highlandville, MO

How much do homes in Highlandville, MO cost?

Median Sold Price

$272,250

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$45,250(-14.3%)

Key Takeaway

Homes in Highlandville have sold for 14.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $355K$277K
-22.0%
3 $250.4K$263K
+5.0%
4 $398K$285K
-28.4%
5+ $432.5K$430K
-0.6%

Summary: Highlandville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

Highlandville
-14.3%
North Galloway Township
-15.1%

Housing Supply in Highlandville, MO

How many homes are available in Highlandville, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
911+22.2%

Summary: The Highlandville real estate market had 11 homes for sale in May 2024, a 22.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 35
+66.7%

Summary: The Highlandville 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highlandville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Highlandville in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Highlandville, MO

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

Average Sale Time

May 2023May 2024CHANGE
25 Days24 Days-4.0%

Summary: Homes in Highlandville had an average of 24 days on market in May 2024, down by 4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Highlandville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Highlandville, MO

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