Is Cedar County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Cedar County was a Seller's Market.
Housing Prices in Cedar County, MO
How much do homes in Cedar County, MO cost?
Median Sold Price
$160,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cedar County was $160,000 in May 2024, up 1.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $57.5K | $90K | +56.5% |
2 Bedrooms | $93K | $114.5K | +23.1% |
3 Bedrooms | $158K | $172.5K | +9.2% |
4 Bedrooms | $222.5K | $249.9K | +12.3% |
5+ Bedrooms | $249.5K | $440.4K | +76.5% |
Summary: Cedar County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.5%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 76.5%.
Median Sold Price Compared To Nearby Counties
Dade County | $132K | $159.5K | +20.8% |
Barton County | $127K | $147K | +15.7% |
Vernon County | $144.4K | $154.9K | +7.3% |
Cedar County | $157K | $160K | +1.9% |
Saint Clair County | $309.5K | $165K | -46.7% |
Housing Supply in Cedar County, MO
How many homes are available in Cedar County, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 91 | +1.1% |
Summary: The Cedar County real estate market had 91 homes for sale in May 2024, a 1.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 9 | 15 | +66.7% |
3 Bedrooms | 59 | 53 | -10.2% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Cedar County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 13 | -27.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Cedar County in May 2024, down by 27.8% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Cedar County, MO
How long does it take to sell a home in Cedar County, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 40 Days | -31.8% |
Summary: Homes in Cedar County had an average of 40 days on market in May 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Cedar County; 31% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.