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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sarcoxie is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Sarcoxie, MO

How much do homes in Sarcoxie, MO cost?

Median Sold Price

$180,500

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$37,500(+26.2%)

Key Takeaway

Homes in Sarcoxie have sold for 26.2% more than they did a year ago.

Summary: The median home sold price in Sarcoxie was $180,500 in May 2024, up 26.2% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $67.3K$62.5K
-7.1%
2 $107.1K$139.4K
+30.2%
3 $155K$192.5K
+24.2%
4 $375K$230K
-38.7%
5+ $143K-
N/A

Summary: Sarcoxie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 38.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sarcoxie
+26.2%
Sarcoxie Township
+10.1%

Housing Supply in Sarcoxie, MO

How many homes are available in Sarcoxie, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1615-6.3%

Summary: The Sarcoxie real estate market had 15 homes for sale in May 2024, a 6.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 88
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Sarcoxie housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sarcoxie, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Sarcoxie in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Sarcoxie, MO

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

Average Sale Time

May 2023May 2024CHANGE
84 Days69 Days-17.8%

Summary: Homes in Sarcoxie had an average of 69 days on market in May 2024, down by 17.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Sarcoxie; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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