Is 65251, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65251 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 65251 has remained a Seller's Market.

Key Takeaway

65251 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65251, MO

How much do homes in 65251, MO cost?

Median Sold Price

$225,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,610(+14.0%)

Key Takeaway

Homes in 65251 have sold for 14% more than they did a year ago.

Summary: The median home sold price in 65251 was $225,000 in November 2024, up 14% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72K$68.5K
-4.9%
2 $130K$140K
+7.7%
3 $194.7K$225K
+15.5%
4 $302.5K$275K
-9.1%
5+ $398K$302.5K
-24.0%

Summary: 65251 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 24%.

Median Sold Price Compared To Nearby Zip Codes

65251
+14.0%
65063
-6.0%

Housing Supply in 65251, MO

How many homes are available in 65251, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4339-9.3%

Summary: The 65251 real estate market had 39 homes for sale in November 2024, a 9.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 73
-57.1%
3 3033
+10.0%
4 63
-50.0%
5+ 00
0.0%

Summary: The 65251 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 57.1%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65251, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 65251 in November 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 65251, MO

How long does it take to sell a home in 65251, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days54 Days+52.9%

Summary: Homes in 65251 had an average of 54 days on market in Nov 2024, up by 52.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65251 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 65251; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 22 Days Ago

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