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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webb City is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Webb City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Webb City, MO

How much do homes in Webb City, MO cost?

Median Sold Price

$199,950

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,950(+5.2%)

Key Takeaway

Homes in Webb City have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Webb City was $199,950 in October 2024, up 5.2% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $55K$152K
+176.4%
2 $91.2K$116K
+27.1%
3 $185K$209K
+13.0%
4 $307.7K$270K
-12.3%
5+ $304.6K$229K
-24.8%

Summary: Webb City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.4%, 2 bedroom homes increased by 27.1%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Cities

Carterville
+11.9%
Joplin
+7.6%
Joplin Township
+5.8%
Webb City
+5.2%
Mineral Township
+3.4%

Housing Supply in Webb City, MO

How many homes are available in Webb City, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8095+18.8%

Summary: The Webb City real estate market had 95 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 1013
+30.0%
3 4146
+12.2%
4 2428
+16.7%
5+ 56
+20.0%

Summary: The Webb City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1723+35.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webb City, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Webb City in October 2024, up by 35.3% month-over-month. Of the 19 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% were sold over asking.

Days on Market for Webb City, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days108 Days+63.4%

Summary: Homes in Webb City had an average of 108 days on market in Oct 2024, up by 63.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Webb City has remained consistent over time.

Summary: During October 2024, 23 homes were sold in Webb City; 4% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 35% 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 Webb City, MO

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