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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashland is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Ashland was a Seller's Market.

Key Takeaway

Ashland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ashland, MO

How much do homes in Ashland, MO cost?

Median Sold Price

$371,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,500(+15.4%)

Key Takeaway

Homes in Ashland have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in Ashland was $371,000 in October 2024, up 15.4% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K-
N/A
2 $160.2K$277.5K
+73.2%
3 $295K$325K
+10.2%
4 $417.4K$484.9K
+16.2%
5+ $450K$562.5K
+25.0%

Summary: Ashland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Cities

Ashland
+15.4%
Three Creeks Township
+11.8%
Cedar Township
+10.3%

Housing Supply in Ashland, MO

How many homes are available in Ashland, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3341+24.2%

Summary: The Ashland real estate market had 41 homes for sale in October 2024, a 24.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2226
+18.2%
4 913
+44.4%
5+ 22
0.0%

Summary: The Ashland 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 increased by 18.2%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Ashland in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Ashland, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days24 Days-19.6%

Summary: Homes in Ashland had an average of 24 days on market in Oct 2024, down by 19.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Ashland are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Ashland; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

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