Is 64831, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64831 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 64831 was a Neutral Market.

Key Takeaway

64831 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 64831, MO

How much do homes in 64831, MO cost?

Median Sold Price

$330,000

$173/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$172,500(+109.5%)

Key Takeaway

Homes in 64831 have sold for 109.5% more than they did a month ago.

Summary: The median home sold price in 64831 was $330,000 in December 2024, up 109.5% from last month, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $157.5K$299.9K
+90.5%
3 -$336K
N/A
4 --
N/A
5+ --
N/A

Summary: 64831 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 90.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

64831
+109.5%
64843
-19.2%

Housing Supply in 64831, MO

How many homes are available in 64831, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2526+4.0%

Summary: The 64831 real estate market had 26 homes for sale in December 2024, a 4.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 96
-33.3%
3 1114
+27.3%
4 44
0.0%
5+ 01
+100.0%

Summary: The 64831 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were 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 64831, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 64831 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 64831, MO

How long does it take to sell a home in 64831, MO?

Average Sale Time

Nov 2024Dec 2024CHANGE
140 Days70 Days-49.7%

Summary: Homes in 64831 had an average of 70 days on market in Dec 2024, down by 49.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 64831 has remained consistent over time.

Summary: During December 2024, 6 homes were sold in 64831; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

Newest Listings in 64831, MO

Nearby Markets to 64831, MO