Is 64870, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64870 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 64870 was a Seller's Market.

Key Takeaway

64870 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 64870, MO

How much do homes in 64870, MO cost?

Median Sold Price

$195,433

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,433(+2.9%)

Key Takeaway

Homes in 64870 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 64870 was $195,433 in November 2024, up 2.9% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $55K$152K
+176.4%
2 $90K$115K
+27.8%
3 $185K$200K
+8.1%
4 $299K$284K
-5.0%
5+ $294.1K$212.5K
-27.8%

Summary: 64870 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.4%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 27.8%.

Median Sold Price Compared To Nearby Zip Codes

64801
+14.9%
64870
+2.9%
64834
-0.2%
64835
-9.0%

Housing Supply in 64870, MO

How many homes are available in 64870, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9085-5.6%

Summary: The 64870 real estate market had 85 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1313
0.0%
3 4444
0.0%
4 2520
-20.0%
5+ 66
0.0%

Summary: The 64870 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2314-39.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 64870, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 64870 in November 2024, down by 39.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 64870, MO

How long does it take to sell a home in 64870, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
91 Days52 Days-42.3%

Summary: Homes in 64870 had an average of 52 days on market in Nov 2024, down by 42.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 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 64870 has remained consistent over time.

Summary: During November 2024, 14 homes were sold in 64870; 7% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 7% 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 2 Days Ago

Newest Listings in 64870, MO

Nearby Markets to 64870, MO