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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oronogo is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Oronogo has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Oronogo, MO

How much do homes in Oronogo, MO cost?

Median Sold Price

$269,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+17.5%)

Key Takeaway

Homes in Oronogo have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Oronogo was $269,000 in October 2024, up 17.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$32.5K
N/A
2 $147K$114K
-22.4%
3 $212.5K$235K
+10.6%
4 $264.7K$336.7K
+27.2%
5+ $478K-
N/A

Summary: Oronogo 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 decreased by 22.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oronogo
+17.5%
Mineral Township
+3.4%

Housing Supply in Oronogo, MO

How many homes are available in Oronogo, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1923+21.1%

Summary: The Oronogo real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 913
+44.4%
4 66
0.0%
5+ 22
0.0%

Summary: The Oronogo 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 remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Oronogo in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
98 Days248 Days+151.7%

Summary: Homes in Oronogo had an average of 248 days on market in Oct 2024, up by 151.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Oronogo are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Oronogo; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 Oronogo, MO

Nearby Markets to Oronogo, MO

What housing markets are near Oronogo, MO?