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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weller is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Weller, MO

How much do homes in Weller, MO cost?

Median Sold Price

$125,000

-

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2023.

Key Takeaway

The sold price of homes in Weller has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $99K$106K
+7.1%
2 $113.7K$117.5K
+3.3%
3 $160K$140K
-12.5%
4 -$189.9K
N/A
5+ $95K-
N/A

Summary: Weller housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Robberson
+18.9%
Weller
0.0%

Housing Supply in Weller, MO

How many homes are available in Weller, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2528+12.0%

Summary: The Weller real estate market had 28 homes for sale in September 2024, a 12.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1114
+27.3%
3 1211
-8.3%
4 01
+100.0%
5+ 11
0.0%

Summary: The Weller 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 27.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weller, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Weller in September 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Weller, MO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
19 Days28 Days+51.3%

Summary: Homes in Weller had an average of 28 days on market in Sep 2024, up by 51.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Weller are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Weller; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Weller, MO

Nearby Markets to Weller, MO