Is 65202, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65202 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 65202 has remained a Seller's Market.

Key Takeaway

65202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65202, MO

How much do homes in 65202, MO cost?

Median Sold Price

$264,850

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,310(+6.1%)

Key Takeaway

Homes in 65202 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 65202 was $264,850 in October 2024, up 6.1% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $85K$135K
+58.8%
2 $155K$195K
+25.8%
3 $239.9K$255K
+6.3%
4 $305K$310K
+1.6%
5+ $352K$359.9K
+2.3%

Summary: 65202 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.8%, 2 bedroom homes increased by 25.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

65255
+7.0%
65202
+6.1%
65284
+5.0%
65201
-0.7%

Housing Supply in 65202, MO

How many homes are available in 65202, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
186212+14.0%

Summary: The 65202 real estate market had 212 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 110126
+14.5%
4 5862
+6.9%
5+ 1117
+54.5%

Summary: The 65202 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 remained the same, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 54.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3951+30.8%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65202, you may be able to get a good deal. 45.1% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in 65202 in October 2024, up by 30.8% month-over-month. Of the 51 sold homes, 45% were sold under asking, 35% were sold at asking, and 20% were sold over asking.

Days on Market for 65202, MO

How long does it take to sell a home in 65202, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days23 Days+45.1%

Summary: Homes in 65202 had an average of 23 days on market in Oct 2024, up by 45.1% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65202 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 51 homes were sold in 65202; 76% of homes were sold within 30 days, 20% 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 23 Days Ago

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