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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Newton County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Newton County, MO

How much do homes in Newton County, MO cost?

Median Sold Price

$199,133

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,026(+12.4%)

Key Takeaway

Homes in Newton County have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Newton County was $199,133 in October 2024, up 12.4% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $81K$105K
+29.6%
2 $121.7K$125K
+2.7%
3 $178.2K$192.2K
+7.9%
4 $249.9K$271.2K
+8.5%
5+ $275K$370K
+34.5%

Summary: Newton County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.6%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 34.5%.

Median Sold Price Compared To Nearby Counties

McDonald County
+27.5%
Newton County
+12.4%
Jasper County
+6.4%
Lawrence County
-7.9%
Ottawa County
-26.7%

Housing Supply in Newton County, MO

How many homes are available in Newton County, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
207222+7.2%

Summary: The Newton County real estate market had 222 homes for sale in October 2024, a 7.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 64
-33.3%
2 3132
+3.2%
3 105115
+9.5%
4 3845
+18.4%
5+ 2726
-3.7%

Summary: The Newton County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 3.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43430.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Newton County in October 2024, the same as the previous month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.

Days on Market for Newton County, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days80 Days+32.7%

Summary: Homes in Newton County had an average of 80 days on market in Oct 2024, up by 32.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 43 homes were sold in Newton County; 7% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% 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 Newton County, MO

Nearby Markets to Newton County, MO

What housing markets are near Newton County, MO?