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 May 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

$268,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$33,000(+14.0%)

Key Takeaway

Homes in Willard have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $177K$177.4K
0.2%
3 $220.9K$237K
+7.3%
4 $289.9K$299K
+3.1%
5+ $354.4K$457.5K
+29.1%

Summary: Willard 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 0.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 29.1%.

Median Sold Price Compared To Nearby Cities

Center No. 1 Township
+28.8%
Willard
+14.0%
Murray Township
+9.3%

Housing Supply in Willard, MO

How many homes are available in Willard, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5644-21.4%

Summary: The Willard real estate market had 44 homes for sale in May 2024, a 21.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 2520
-20.0%
4 2217
-22.7%
5+ 75
-28.6%

Summary: The Willard 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 decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willard, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Willard in May 2024, down by 9.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 17% were sold at asking, and 39% 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

May 2023May 2024CHANGE
46 Days47 Days+1.0%

Summary: Homes in Willard had an average of 47 days on market in May 2024, up by 1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 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 May 2024, 19 homes were sold in Willard; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% 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 9 Days Ago

Newest Listings in Willard, MO

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