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 October 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

$198,281

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,370(+4.4%)

Key Takeaway

Homes in 64870 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 64870 was $198,281 in October 2024, up 4.4% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $55K$152K
+176.4%
2 $91.2K$115.5K
+26.6%
3 $185K$206.9K
+11.9%
4 $307.7K$274.5K
-10.8%
5+ $304.6K$229K
-24.8%

Summary: 64870 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.4%, 2 bedroom homes increased by 26.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Zip Codes

64801
+12.3%
64835
+11.3%
64870
+4.4%
64834
-0.2%

Housing Supply in 64870, MO

How many homes are available in 64870, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7994+19.0%

Summary: The 64870 real estate market had 94 homes for sale in October 2024, a 19.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 1013
+30.0%
3 4045
+12.5%
4 2428
+16.7%
5+ 56
+20.0%

Summary: The 64870 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 64870 in October 2024, up by 29.4% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% 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

Oct 2023Oct 2024CHANGE
66 Days112 Days+68.8%

Summary: Homes in 64870 had an average of 112 days on market in Oct 2024, up by 68.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were 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 October 2024, 22 homes were sold in 64870; 5% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 36% 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

Newest Listings in 64870, MO

Nearby Markets to 64870, MO