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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64831 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 64831 was a Neutral Market.

Key Takeaway

64831 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 64831, MO

How much do homes in 64831, MO cost?

Median Sold Price

$640,000

$224/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$377,500(+143.8%)

Key Takeaway

Homes in 64831 have sold for 143.8% more than they did a month ago.

Summary: The median home sold price in 64831 was $640,000 in October 2024, up 143.8% from last month, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $365K-
N/A
3 $160K$640K
+300.0%
4 --
N/A
5+ --
N/A

Summary: 64831 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 300%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

64831
+143.8%
64854
+1.1%

Housing Supply in 64831, MO

How many homes are available in 64831, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3133+6.5%

Summary: The 64831 real estate market had 33 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1312
-7.7%
3 1114
+27.3%
4 34
+33.3%
5+ 32
-33.3%

Summary: The 64831 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 64831 in October 2024, down by 20.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
27 Days114 Days+315.8%

Summary: Homes in 64831 had an average of 114 days on market in Oct 2024, up by 315.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 64831 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in 64831; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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

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