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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oronogo is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Oronogo was a Neutral Market.

Key Takeaway

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

Housing Prices in Oronogo, MO

How much do homes in Oronogo, MO cost?

Median Sold Price

$260,322

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$32,961(+14.5%)

Key Takeaway

Homes in Oronogo have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Oronogo was $260,322 in September 2024, up 14.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$32.5K
N/A
2 $147K$182K
+23.8%
3 $205K$235K
+14.6%
4 $275.7K$306.7K
+11.3%
5+ $478K-
N/A

Summary: Oronogo housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oronogo
+14.5%
Mineral Township
+4.4%

Housing Supply in Oronogo, MO

How many homes are available in Oronogo, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2120-4.8%

Summary: The Oronogo real estate market had 20 homes for sale in September 2024, a 4.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1011
+10.0%
4 75
-28.6%
5+ 12
+100.0%

Summary: The Oronogo housing inventory by bedroom type for September 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 increased by 10%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oronogo, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Oronogo in September 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Oronogo, MO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
119 Days165 Days+38.6%

Summary: Homes in Oronogo had an average of 165 days on market in Sep 2024, up by 38.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Oronogo; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 29 Days Ago

Newest Listings in Oronogo, MO

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