Is Cooper County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooper County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Cooper County, MO

How much do homes in Cooper County, MO cost?

Median Sold Price

$197,450

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,450(+5.6%)

Key Takeaway

Homes in Cooper County have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Cooper County was $197,450 in May 2024, up 5.6% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $52.7K$80K
+51.7%
2 $116.9K$135K
+15.5%
3 $185.7K$181K
-2.5%
4 $222K$292K
+31.5%
5+ $369K$259.9K
-29.6%

Summary: Cooper County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.7%, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes decreased by 29.6%.

Housing Supply in Cooper County, MO

How many homes are available in Cooper County, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3645+25.0%

Summary: The Cooper County real estate market had 45 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 46
+50.0%
3 1920
+5.3%
4 1015
+50.0%
5+ 32
-33.3%

Summary: The Cooper 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 50%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooper County, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Cooper County in May 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for Cooper County, MO

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

Average Sale Time

May 2023May 2024CHANGE
22 Days13 Days-38.3%

Summary: Homes in Cooper County had an average of 13 days on market in May 2024, down by 38.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 12 homes were sold in Cooper County; 83% of homes were sold within 30 days, 17% 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

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