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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cole County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cole County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cole County, MO

How much do homes in Cole County, MO cost?

Median Sold Price

$238,025

$133/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$36,875(-13.4%)

Key Takeaway

Homes in Cole County have sold for 13.4% less than they did a month ago.

Summary: The median home sold price in Cole County was $238,025 in November 2024, down 13.4% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $165K$203K
+23.0%
3 $349.2K$238K
-31.8%
4 $250K$231.6K
-7.4%
5+ $392.9K$425K
+8.2%

Summary: Cole County 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 increased by 23%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 8.2%.

Housing Supply in Cole County, MO

How many homes are available in Cole County, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6162+1.6%

Summary: The Cole County real estate market had 62 homes for sale in November 2024, a 1.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 65
-16.7%
3 2326
+13.0%
4 1616
0.0%
5+ 1413
-7.1%

Summary: The Cole County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cole County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Cole County in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for Cole County, MO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
12 Days21 Days+79.2%

Summary: Homes in Cole County had an average of 21 days on market in Nov 2024, up by 79.2% compared to last month.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Cole County; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Cole County, MO

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