$28,000
1.65 Acres
Land
Jennifer Stoker, Listing Office: Iron Gate Real Estate
Is 65251, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$208,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,550(+3.8%)
Key Takeaway
Homes in 65251 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 65251 was $208,000 in October 2024, up 3.8% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | $68.5K | -4.9% |
| 2 Bedrooms | $130K | $139.9K | +7.7% |
| 3 Bedrooms | $195K | $206.5K | +5.9% |
| 4 Bedrooms | $295K | $297.2K | +0.8% |
| 5+ Bedrooms | $322K | $302.5K | -6.1% |
Summary: 65251 housing prices by bedroom type for October 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 5.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Zip Codes
| 65251 | $200.4K | $208K | +3.8% |
| 65063 | $299.9K | $220K | -26.7% |
Housing Supply in 65251, MO
How many homes are available in 65251, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 43 | -8.5% |
Summary: The 65251 real estate market had 43 homes for sale in October 2024, a 8.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 65251 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 decreased by 27.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
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 October 2024, down by 42.9% month-over-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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 27 Days | -12.1% |
Summary: Homes in 65251 had an average of 27 days on market in Oct 2024, down by 12.1% 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
Key Takeaway
Many homes in 65251 are selling fast, if you're buying plan to act quickly.
Summary: During October 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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.