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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Marion County, MO

How much do homes in Marion County, MO cost?

Median Sold Price

$133,000

$104/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$34,500(-20.6%)

Key Takeaway

Homes in Marion County have sold for 20.6% less than they did a month ago.

Summary: The median home sold price in Marion County was $133,000 in October 2024, down 20.6% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$133K
N/A
2 $167.5K-
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Marion 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Ralls County
-17.5%
Marion County
-20.6%

Housing Supply in Marion County, MO

How many homes are available in Marion County, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9196+5.5%

Summary: The Marion County real estate market had 96 homes for sale in October 2024, a 5.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 68
+33.3%
2 1923
+21.1%
3 3737
0.0%
4 1817
-5.6%
5+ 1111
0.0%

Summary: The Marion County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 21.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2423-4.2%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in Marion County in October 2024, down by 4.2% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Marion County, MO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
48 Days44 Days-8.2%

Summary: Homes in Marion County had an average of 44 days on market in Oct 2024, down by 8.2% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marion County has remained consistent over time.

Summary: During October 2024, 23 homes were sold in Marion County; 30% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 13% 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 Marion County, MO

Nearby Markets to Marion County, MO

What housing markets are near Marion County, MO?