Is 65248, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65248 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 65248 has remained a Seller's Market.

Key Takeaway

65248 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65248, MO

How much do homes in 65248, MO cost?

Median Sold Price

$265,000

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$47,450(-15.2%)

Key Takeaway

Homes in 65248 have sold for 15.2% less than they did a month ago.

Summary: The median home sold price in 65248 was $265,000 in October 2024, down 15.2% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$59.5K
N/A
3 -$265K
N/A
4 -$344K
N/A
5+ $312.4K-
N/A

Summary: 65248 housing prices by bedroom type for October 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.

Median Sold Price Compared To Nearby Zip Codes

65248
-15.2%
65274
-81.9%

Housing Supply in 65248, MO

How many homes are available in 65248, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The 65248 real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 11
0.0%
4 25
+150.0%
5+ 31
-66.7%

Summary: The 65248 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 remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65248, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 65248 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 65248, MO

How long does it take to sell a home in 65248, MO?

Average Sale Time

Sep 2024Oct 2024CHANGE
159 Days24 Days-84.5%

Summary: Homes in 65248 had an average of 24 days on market in Oct 2024, down by 84.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65248 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 65248; 67% of homes were sold within 30 days, 33% 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 18 Days Ago

Newest Listings in 65248, MO

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