Is 65101, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65101 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 65101 was a Neutral Market.

Key Takeaway

65101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65101, MO

How much do homes in 65101, MO cost?

Median Sold Price

$259,750

$108/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$9,350(-3.5%)

Key Takeaway

Homes in 65101 have sold for 3.5% less than they did a month ago.

Summary: The median home sold price in 65101 was $259,750 in December 2024, down 3.5% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$300K
N/A
2 $196.5K-
N/A
3 $220K$215K
-2.3%
4 $318.2K$379.9K
+19.4%
5+ $750K$301K
-59.9%

Summary: 65101 housing prices by bedroom type for December 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 decreased by 2.3%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 59.9%.

Median Sold Price Compared To Nearby Zip Codes

65043
+52.4%
65101
-3.5%

Housing Supply in 65101, MO

How many homes are available in 65101, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2624-7.7%

Summary: The 65101 real estate market had 24 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 88
0.0%
4 1010
0.0%
5+ 43
-25.0%

Summary: The 65101 housing inventory by bedroom type for December 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 decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65101, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 65101 in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for 65101, MO

How long does it take to sell a home in 65101, MO?

Average Sale Time

Nov 2024Dec 2024CHANGE
43 Days9 Days-78.2%

Summary: Homes in 65101 had an average of 9 days on market in Dec 2024, down by 78.2% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65101 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 65101; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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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