Is Carl Junction, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carl Junction is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Carl Junction, MO

How much do homes in Carl Junction, MO cost?

Median Sold Price

$235,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,000(+3.5%)

Key Takeaway

Homes in Carl Junction have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Carl Junction was $235,000 in May 2024, up 3.5% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $91K$141.8K
+55.9%
3 $217.5K$223.2K
+2.6%
4 $290K$329.5K
+13.6%
5+ $394.2K$409.7K
+3.9%

Summary: Carl Junction housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Cities

Mineral Township
+23.7%
Twin Groves Township
+3.6%
Carl Junction
+3.5%
Galena Township
+1.2%

Housing Supply in Carl Junction, MO

How many homes are available in Carl Junction, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5360+13.2%

Summary: The Carl Junction real estate market had 60 homes for sale in May 2024, a 13.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2429
+20.8%
4 2019
-5.0%
5+ 67
+16.7%

Summary: The Carl Junction housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carl Junction, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Carl Junction in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 64% were sold at asking, and 9% were sold over asking.

Days on Market for Carl Junction, MO

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

Average Sale Time

May 2023May 2024CHANGE
44 Days58 Days+32.4%

Summary: Homes in Carl Junction had an average of 58 days on market in May 2024, up by 32.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carl Junction has remained consistent over time.

Summary: During May 2024, 11 homes were sold in Carl Junction; 9% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 18% 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 1 Day Ago

Newest Listings in Carl Junction, MO

Nearby Markets to Carl Junction, MO

What housing markets are near Carl Junction, MO?