Is Willard, 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, Willard has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177K | $177.4K | 0.2% |
3 Bedrooms | $220.9K | $237K | +7.3% |
4 Bedrooms | $289.9K | $299K | +3.1% |
5+ Bedrooms | $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 | $238.8K | $307.5K | +28.8% |
Willard | $235K | $268K | +14.0% |
Murray Township | $229.9K | $251.3K | +9.3% |
Housing Supply in Willard, MO
How many homes are available in Willard, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 44 | -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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 25 | 20 | -20.0% |
4 Bedrooms | 22 | 17 | -22.7% |
5+ Bedrooms | 7 | 5 | -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 2024 | May 2024 | CHANGE |
---|---|---|
21 | 19 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 47 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
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.