Is Callaway County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Callaway County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Callaway County 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 Callaway County, MO

How much do homes in Callaway County, MO cost?

Median Sold Price

$237,450

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,450(+10.4%)

Key Takeaway

Homes in Callaway County have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Callaway County was $237,450 in October 2024, up 10.4% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $84K$59.2K
-29.5%
2 $131K$148K
+13.0%
3 $202.5K$231K
+14.1%
4 $305K$330K
+8.2%
5+ $398K$370K
-7.0%

Summary: Callaway County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.5%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 7%.

Median Sold Price Compared To Nearby Counties

Callaway County
+10.4%
Audrain County
+6.0%
Boone County
+5.4%

Housing Supply in Callaway County, MO

How many homes are available in Callaway County, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9794-3.1%

Summary: The Callaway County real estate market had 94 homes for sale in October 2024, a 3.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 1612
-25.0%
3 6459
-7.8%
4 917
+88.9%
5+ 54
-20.0%

Summary: The Callaway County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 88.9%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2915-48.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Callaway County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Callaway County in October 2024, down by 48.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Callaway County, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days24 Days-28.0%

Summary: Homes in Callaway County had an average of 24 days on market in Oct 2024, down by 28% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Callaway County; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% 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 4 Days Ago

Newest Listings in Callaway County, MO

Nearby Markets to Callaway County, MO

What housing markets are near Callaway County, MO?