Is 65708, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 65708 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 65708 was a Seller's Market.

Key Takeaway

65708 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 65708, MO

How much do homes in 65708, MO cost?

Median Sold Price

$230,000

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,000(+2.2%)

Key Takeaway

Homes in 65708 have sold for 2.2% more than they did a month ago.

Summary: The median home sold price in 65708 was $230,000 in November 2024, up 2.2% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $249.5K-
N/A
2 $179K-
N/A
3 $225K$230K
+2.2%
4 --
N/A
5+ --
N/A

Summary: 65708 housing prices by bedroom type for November 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 increased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 65708, MO

How many homes are available in 65708, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7367-8.2%

Summary: The 65708 real estate market had 67 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 64
-33.3%
3 4240
-4.8%
4 1513
-13.3%
5+ 67
+16.7%

Summary: The 65708 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 65708, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 65708 in November 2024, down by 23.1% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 65708, MO

How long does it take to sell a home in 65708, MO?

Average Sale Time

Oct 2024Nov 2024CHANGE
94 Days241 Days+155.7%

Summary: Homes in 65708 had an average of 241 days on market in Nov 2024, up by 155.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 65708 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 10 homes were sold in 65708; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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

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