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 October 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

$204,900

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,800(+13.8%)

Key Takeaway

Homes in 64850 have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in 64850 was $204,900 in October 2024, up 13.8% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $102.4K$200K
+95.2%
2 $125K$122.5K
-2.0%
3 $180.4K$200K
+10.9%
4 $242.4K$261.5K
+7.9%
5+ $275K$372.5K
+35.5%

Summary: 64850 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.2%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 35.5%.

Median Sold Price Compared To Nearby Zip Codes

64850
+13.8%
64843
+9.3%

Housing Supply in 64850, MO

How many homes are available in 64850, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
149150+0.7%

Summary: The 64850 real estate market had 150 homes for sale in October 2024, a 0.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 1815
-16.7%
3 7784
+9.1%
4 3031
+3.3%
5+ 2018
-10.0%

Summary: The 64850 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3631-13.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 64850, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in 64850 in October 2024, down by 13.9% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% 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

Oct 2023Oct 2024CHANGE
53 Days67 Days+25.7%

Summary: Homes in 64850 had an average of 67 days on market in Oct 2024, up by 25.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 31 homes were sold in 64850; 10% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% 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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