$950 Closing Credit*
$80,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Performance Brokers Inc
Is Northwest County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$166,251
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,326(+4.0%)
Key Takeaway
Homes in Northwest County have sold for 4% more than they did a year ago.
Summary: The median home sold price in Northwest County was $166,251 in November 2024, up 4% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46K | $46K | 0.0% |
| 2 Bedrooms | $119.9K | $129.8K | +8.3% |
| 3 Bedrooms | $178.7K | $179.8K | +0.6% |
| 4 Bedrooms | $240K | $255K | +6.3% |
| 5+ Bedrooms | $336K | $403.5K | +20.1% |
Summary: Northwest County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 20.1%.
Median Sold Price Compared To Nearby Neighborhoods
| West Overland | $169.5K | $182.5K | +7.7% |
| Northwest County | $159.9K | $166.2K | +4.0% |
| North County | $126.8K | $128.9K | +1.6% |
Housing Supply in Northwest County, MO
How many homes are available in Northwest County, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 294 | 291 | -1.0% |
Summary: The Northwest County real estate market had 291 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 101 | 94 | -6.9% |
| 3 Bedrooms | 154 | 157 | +1.9% |
| 4 Bedrooms | 29 | 30 | +3.4% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Northwest County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 89 | -7.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest County, you could pay more than the asking price. 46.1% of homes here sold above asking price last month.
Summary: A total of 89 homes were sold or pending in Northwest County in November 2024, down by 7.3% month-over-month. Of the 89 sold homes, 30% were sold under asking, 24% were sold at asking, and 46% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 21 Days | -34.8% |
Summary: Homes in Northwest County had an average of 21 days on market in Nov 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 89 homes were sold in Northwest County; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.