Is Normandy, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Normandy is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Normandy was a Seller's Market.

Key Takeaway

Normandy is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Normandy, MO

How much do homes in Normandy, MO cost?

Median Sold Price

$72,500

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,500(-17.6%)

Key Takeaway

Homes in Normandy have sold for 17.6% less than they did a year ago.

Summary: The median home sold price in Normandy was $72,500 in October 2024, down 17.6% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $50K$60K
+20.0%
3 $99.2K$80K
-19.4%
4 $96.7K$127K
+31.3%
5+ $79K-
N/A

Summary: Normandy 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 20%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Normandy Township
-2.0%
Normandy
-17.6%

Housing Supply in Normandy, MO

How many homes are available in Normandy, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Normandy real estate market had 8 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 32
-33.3%
3 44
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Normandy 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Normandy, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Normandy in October 2024, down by 66.7% 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 Normandy, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days57 Days+143.6%

Summary: Homes in Normandy had an average of 57 days on market in Oct 2024, up by 143.6% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Normandy has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Normandy; 0% of homes were sold within 30 days, 100% 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 Normandy, MO

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