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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Cole County was a Seller's Market.

Key Takeaway

Cole 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 Cole County, MO

How much do homes in Cole County, MO cost?

Median Sold Price

$274,900

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$24,900(+10.0%)

Key Takeaway

Homes in Cole County have sold for 10% more than they did a month ago.

Summary: The median home sold price in Cole County was $274,900 in October 2024, up 10% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $249.5K$349.2K
+40.0%
4 $295K$250K
-15.3%
5+ -$392.9K
N/A

Summary: Cole County housing prices by bedroom type for October 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 40%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes did not change.

Housing Supply in Cole County, MO

How many homes are available in Cole County, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5970+18.6%

Summary: The Cole County real estate market had 70 homes for sale in October 2024, a 18.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 67
+16.7%
3 3129
-6.5%
4 1017
+70.0%
5+ 1115
+36.4%

Summary: The Cole County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 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. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Cole County in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% 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

Sep 2024Oct 2024CHANGE
15 Days12 Days-19.2%

Summary: Homes in Cole County had an average of 12 days on market in Oct 2024, down by 19.2% compared to last month.

Breakdown of Home Sale Times

10 Homes Were 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 Cole County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Cole County; 91% of homes were sold within 30 days, 9% 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 20 Days Ago

Newest Listings in Cole County, MO

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What housing markets are near Cole County, MO?