Is Pierce City, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pierce City is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Pierce City was a Neutral Market.

Key Takeaway

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

Housing Prices in Pierce City, MO

How much do homes in Pierce City, MO cost?

Median Sold Price

$35,000

-

Based on all homes sold in September 2024.

Difference Since Last Month

-$185,000(-84.1%)

Key Takeaway

Homes in Pierce City have sold for 84.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $209.9K-
N/A
4 $312.5K$35K
-88.8%
5+ --
N/A

Summary: Pierce City housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 88.8%, and 5+ bedroom homes did not change.

Housing Supply in Pierce City, MO

How many homes are available in Pierce City, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2426+8.3%

Summary: The Pierce City real estate market had 26 homes for sale in September 2024, a 8.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1314
+7.7%
4 77
0.0%
5+ 44
0.0%

Summary: The Pierce City 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 increased by 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pierce City, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Pierce City in September 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Pierce City, MO

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

Average Sale Time

Aug 2024Sep 2024CHANGE
59 Days37 Days-37.3%

Summary: Homes in Pierce City had an average of 37 days on market in Sep 2024, down by 37.3% compared to last month.

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 Pierce City has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Pierce City; 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 30 Days Ago

Newest Listings in Pierce City, MO

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