Is Thayer, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Thayer has remained a Seller's Market.
Housing Prices in Thayer, MO
How much do homes in Thayer, MO cost?
Median Sold Price
$146,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Thayer was $146,000 in May 2024, up 53.7% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $20.5K | $15.9K | -22.4% |
2 Bedrooms | $66.9K | $96.5K | +44.1% |
3 Bedrooms | $108.5K | $147K | +35.5% |
4 Bedrooms | $225K | $278.5K | +23.8% |
5+ Bedrooms | $310K | $232.2K | -25.1% |
Summary: Thayer housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes increased by 44.1%, 3 bedroom homes increased by 35.5%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes decreased by 25.1%.
Median Sold Price Compared To Nearby Cities
Thayer | $95K | $146K | +53.7% |
Thayer Township | $95K | $146K | +53.7% |
Housing Supply in Thayer, MO
How many homes are available in Thayer, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 35 | 0.0% |
Summary: The Thayer real estate market had 35 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Thayer housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Thayer in May 2024, up by 33.3% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Thayer, MO
How long does it take to sell a home in Thayer, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
98 Days | 70 Days | -28.4% |
Summary: Homes in Thayer had an average of 70 days on market in May 2024, down by 28.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Thayer; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.