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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 64870 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 64870 has remained a Seller's Market.

Key Takeaway

64870 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 64870, MO

How much do homes in 64870, MO cost?

Median Sold Price

$194,622

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$4,651(+2.4%)

Key Takeaway

Homes in 64870 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 64870 was $194,622 in December 2024, up 2.4% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $55K$96.5K
+75.5%
2 $75K$116K
+54.7%
3 $185K$200K
+8.1%
4 $303.7K$284K
-6.5%
5+ $275K$269.5K
-2.0%

Summary: 64870 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.5%, 2 bedroom homes increased by 54.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Zip Codes

64801
+10.5%
64870
+2.4%
64835
+0.7%
64834
0.2%

Housing Supply in 64870, MO

How many homes are available in 64870, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8171-12.3%

Summary: The 64870 real estate market had 71 homes for sale in December 2024, a 12.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 139
-30.8%
3 4335
-18.6%
4 1721
+23.5%
5+ 63
-50.0%

Summary: The 64870 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 64870 in December 2024, down by 27.8% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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

Dec 2023Dec 2024CHANGE
115 Days65 Days-43.1%

Summary: Homes in 64870 had an average of 65 days on market in Dec 2024, down by 43.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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 December 2024, 13 homes were sold in 64870; 0% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 8% 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 14 Days Ago

Newest Listings in 64870, MO

Nearby Markets to 64870, MO