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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nixa is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Nixa, MO

How much do homes in Nixa, MO cost?

Median Sold Price

$331,032

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$9,532(+3.0%)

Key Takeaway

Homes in Nixa have sold for 3% more than they did a year ago.

Summary: The median home sold price in Nixa was $331,032 in May 2024, up 3% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $157.4K$138K
-12.4%
2 $236.7K$199K
-15.9%
3 $256.3K$255K
-0.5%
4 $379.5K$390.9K
+3.0%
5+ $470.9K$458K
-2.7%

Summary: Nixa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Cities

Cassidy Township
+5.9%
Garden Grove Township
+3.9%
Nixa
+3.0%
Rosedale Township
-1.2%
Northview Township
-2.5%

Housing Supply in Nixa, MO

How many homes are available in Nixa, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
248271+9.3%

Summary: The Nixa real estate market had 271 homes for sale in May 2024, a 9.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 9496
+2.1%
4 91106
+16.5%
5+ 5863
+8.6%

Summary: The Nixa 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 increased by 20%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 8.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6455-14.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nixa, expect to pay close to the asking price. 37.7% of homes here sold near the asking price last month.

Summary: A total of 55 homes were sold or pending in Nixa in May 2024, down by 14.1% month-over-month. Of the 53 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.

Days on Market for Nixa, MO

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

Average Sale Time

May 2023May 2024CHANGE
33 Days23 Days-29.4%

Summary: Homes in Nixa had an average of 23 days on market in May 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 55 homes were sold in Nixa; 75% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% 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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