Is 65270, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65270 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 65270 has remained a Seller's Market.

Key Takeaway

65270 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 65270, MO

How much do homes in 65270, MO cost?

Median Sold Price

$149,950

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,450(+7.5%)

Key Takeaway

Homes in 65270 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 65270 was $149,950 in October 2024, up 7.5% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $47.2K$88.5K
+87.6%
2 $83K$99.7K
+20.2%
3 $154.8K$169.9K
+9.8%
4 $212.5K$217.4K
+2.3%
5+ $300K$316K
+5.3%

Summary: 65270 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.6%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.3%.

Housing Supply in 65270, MO

How many homes are available in 65270, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7475+1.4%

Summary: The 65270 real estate market had 75 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 2315
-34.8%
3 3338
+15.2%
4 1319
+46.2%
5+ 43
-25.0%

Summary: The 65270 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 34.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2514-44.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65270, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 65270 in October 2024, down by 44.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% were sold over asking.

Days on Market for 65270, MO

How long does it take to sell a home in 65270, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days75 Days+88.2%

Summary: Homes in 65270 had an average of 75 days on market in Oct 2024, up by 88.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 65270 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 65270; 50% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 36% 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 21 Days Ago

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