Is 64850, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64850 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 64850 has remained a Seller's Market.

Key Takeaway

64850 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 64850, MO

How much do homes in 64850, MO cost?

Median Sold Price

$210,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,000(+15.4%)

Key Takeaway

Homes in 64850 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 64850 was $210,000 in November 2024, up 15.4% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $69K$211K
+205.8%
2 $124.5K$125K
0.4%
3 $184K$202K
+9.8%
4 $259.9K$261.5K
+0.6%
5+ $280K$372.5K
+33.0%

Summary: 64850 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 205.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 33%.

Median Sold Price Compared To Nearby Zip Codes

64850
+15.4%
64844
+1.6%
64865
-15.6%

Housing Supply in 64850, MO

How many homes are available in 64850, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148133-10.1%

Summary: The 64850 real estate market had 133 homes for sale in November 2024, a 10.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1613
-18.8%
3 8475
-10.7%
4 2829
+3.6%
5+ 1815
-16.7%

Summary: The 64850 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3231-3.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 64850, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 64850 in November 2024, down by 3.1% month-over-month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.

Days on Market for 64850, MO

How long does it take to sell a home in 64850, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days66 Days+8.3%

Summary: Homes in 64850 had an average of 66 days on market in Nov 2024, up by 8.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 64850 has remained consistent over time.

Summary: During November 2024, 31 homes were sold in 64850; 13% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

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