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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willard is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Willard, MO

How much do homes in Willard, MO cost?

Median Sold Price

$270,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,500(+4.9%)

Key Takeaway

Homes in Willard have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Willard was $270,000 in September 2024, up 4.9% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$115K
N/A
2 $181.5K$160K
-11.8%
3 $231K$250K
+8.2%
4 $284.9K$299K
+4.9%
5+ $369.9K$505.9K
+36.8%

Summary: Willard 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 decreased by 11.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 36.8%.

Median Sold Price Compared To Nearby Cities

Center No. 1 Township
+11.9%
Murray Township
+6.8%
Willard
+4.9%

Housing Supply in Willard, MO

How many homes are available in Willard, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5854-6.9%

Summary: The Willard real estate market had 54 homes for sale in September 2024, a 6.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3230
-6.3%
4 1917
-10.5%
5+ 55
0.0%

Summary: The Willard 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willard, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Willard in September 2024, up by 18.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 16% were sold at asking, and 53% were sold over asking.

Days on Market for Willard, MO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days13 Days-3.9%

Summary: Homes in Willard had an average of 13 days on market in Sep 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 19 homes were sold in Willard; 84% of homes were sold within 30 days, 16% 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 29 Days Ago

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