Is Holts Summit, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holts Summit is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Holts Summit was a Buyer's Market.

Key Takeaway

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

Housing Prices in Holts Summit, MO

How much do homes in Holts Summit, MO cost?

Median Sold Price

$286,400

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,650(+2.4%)

Key Takeaway

Homes in Holts Summit have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Holts Summit was $286,400 in October 2024, up 2.4% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $191.7K$196K
+2.2%
3 $257.9K$280K
+8.6%
4 $376.2K$385K
+2.3%
5+ $389.5K$380K
-2.4%

Summary: Holts Summit 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 2.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Summit Township
+4.3%
Holts Summit
+2.4%

Housing Supply in Holts Summit, MO

How many homes are available in Holts Summit, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1517+13.3%

Summary: The Holts Summit real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 108
-20.0%
4 37
+133.3%
5+ 00
0.0%

Summary: The Holts Summit 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 decreased by 20%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were 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 Holts Summit, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Holts Summit in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Holts Summit, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
144 Days15 Days-89.4%

Summary: Homes in Holts Summit had an average of 15 days on market in Oct 2024, down by 89.4% compared to last year.

Breakdown of Home Sale Times

3 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 Holts Summit are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Holts Summit; 75% of homes were sold within 30 days, 25% 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 23 Days Ago

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