$2,969 Closing Credit*
$250,000
4 Beds
•2 Full Baths
Listing Office: Coldwell Banker Realty - Gunda
Is Northwest County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northwest County has remained a Seller's Market.
Key Takeaway
Northwest County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwest County, MO
How much do homes in Northwest County, MO cost?
Median Sold Price
$165,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+3.1%)
Key Takeaway
Homes in Northwest County have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Northwest County was $165,000 in October 2024, up 3.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43K | $50.5K | +17.4% |
| 2 Bedrooms | $123.8K | $128K | +3.4% |
| 3 Bedrooms | $179.1K | $178K | -0.7% |
| 4 Bedrooms | $244.5K | $250K | +2.2% |
| 5+ Bedrooms | $318.7K | $405K | +27.1% |
Summary: Northwest County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Neighborhoods
| West Overland | $168.7K | $182K | +7.8% |
| Northwest County | $160K | $165K | +3.1% |
| North County | $128.8K | $125.4K | -2.6% |
Housing Supply in Northwest County, MO
How many homes are available in Northwest County, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 283 | 310 | +9.5% |
Summary: The Northwest County real estate market had 310 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 95 | 109 | +14.7% |
| 3 Bedrooms | 152 | 160 | +5.3% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Northwest County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 89 | -19.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest County, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 89 homes were sold or pending in Northwest County in October 2024, down by 19.8% month-over-month. Of the 89 sold homes, 30% were sold under asking, 26% were sold at asking, and 44% were sold over asking.
Days on Market for Northwest County, MO
How long does it take to sell a home in Northwest County, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 21 Days | +12.0% |
Summary: Homes in Northwest County had an average of 21 days on market in Oct 2024, up by 12% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwest County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 89 homes were sold in Northwest County; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.