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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howard County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Howard County, MO

How much do homes in Howard County, MO cost?

Median Sold Price

$202,000

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$187,900(-48.2%)

Key Takeaway

Homes in Howard County have sold for 48.2% less than they did a month ago.

Summary: The median home sold price in Howard County was $202,000 in October 2024, down 48.2% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$99.2K
N/A
3 $768K$265K
-65.5%
4 -$344K
N/A
5+ $312.4K-
N/A

Summary: Howard 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 decreased by 65.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Howard County, MO

How many homes are available in Howard County, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The Howard County real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 43
-25.0%
4 25
+150.0%
5+ 64
-33.3%

Summary: The Howard County 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 25%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Howard County in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Howard County, MO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
133 Days19 Days-85.3%

Summary: Homes in Howard County had an average of 19 days on market in Oct 2024, down by 85.3% compared to last month.

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 Howard County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Howard County; 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 18 Days Ago

Newest Listings in Howard County, MO

Nearby Markets to Howard County, MO

What housing markets are near Howard County, MO?