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 December 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

$265,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$13,549(+5.4%)

Key Takeaway

Homes in 65202 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 65202 was $265,000 in December 2024, up 5.4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $89.9K$135K
+50.2%
2 $155K$165K
+6.5%
3 $242.7K$257.3K
+6.0%
4 $298.9K$315K
+5.4%
5+ $360.6K$359.9K
-0.2%

Summary: 65202 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Zip Codes

65255
+7.4%
65202
+5.4%
65201
-2.1%

Housing Supply in 65202, MO

How many homes are available in 65202, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
185168-9.2%

Summary: The 65202 real estate market had 168 homes for sale in December 2024, a 9.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 11097
-11.8%
4 5551
-7.3%
5+ 1213
+8.3%

Summary: The 65202 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 12.5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3644+22.2%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 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. 54.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 65202 in December 2024, up by 22.2% month-over-month. Of the 44 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% 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

Dec 2023Dec 2024CHANGE
17 Days34 Days+105.6%

Summary: Homes in 65202 had an average of 34 days on market in Dec 2024, up by 105.6% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 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 December 2024, 44 homes were sold in 65202; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% 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 2 Days Ago

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