Is 65201, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65201 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 65201 has remained a Seller's Market.

Key Takeaway

65201 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65201, MO

How much do homes in 65201, MO cost?

Median Sold Price

$346,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,612(-0.7%)

Key Takeaway

Homes in 65201 have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in 65201 was $346,500 in October 2024, down 0.7% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$130K
N/A
2 $150K$173K
+15.3%
3 $322.4K$329.9K
+2.3%
4 $459.9K$422.5K
-8.1%
5+ $575K$672.4K
+16.9%

Summary: 65201 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Zip Codes

65010
+14.7%
65202
+6.1%
65203
+2.6%
65201
-0.7%

Housing Supply in 65201, MO

How many homes are available in 65201, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
121118-2.5%

Summary: The 65201 real estate market had 118 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 914
+55.6%
3 5754
-5.3%
4 3933
-15.4%
5+ 1617
+6.3%

Summary: The 65201 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2824-14.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65201, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 65201 in October 2024, down by 14.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.

Days on Market for 65201, MO

How long does it take to sell a home in 65201, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days30 Days-6.8%

Summary: Homes in 65201 had an average of 30 days on market in Oct 2024, down by 6.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65201 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 65201; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% 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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