Is 65068, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65068 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 65068 was a Neutral Market.

Key Takeaway

65068 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65068, MO

How much do homes in 65068, MO cost?

Median Sold Price

$240,000

$127/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$160,000(-40.0%)

Key Takeaway

Homes in 65068 have sold for 40% less than they did a month ago.

Summary: The median home sold price in 65068 was $240,000 in November 2024, down 40% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $400K-
N/A
3 -$240K
N/A
4 --
N/A
5+ --
N/A

Summary: 65068 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 65068, MO

How many homes are available in 65068, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The 65068 real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 65068 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65068, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 65068 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 65068, MO

How long does it take to sell a home in 65068, MO?

Average Sale Time

Oct 2024Nov 2024CHANGE
221 Days100 Days-54.8%

Summary: Homes in 65068 had an average of 100 days on market in Nov 2024, down by 54.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 65068 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in 65068; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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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