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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenfield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenfield, MO

How much do homes in Greenfield, MO cost?

Median Sold Price

$73,000

$59/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$130,000(-64.0%)

Key Takeaway

Homes in Greenfield have sold for 64% less than they did a month ago.

Summary: The median home sold price in Greenfield was $73,000 in May 2024, down 64% from last month, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $205K$100K
-51.2%
3 $186.5K$73K
-60.9%
4 --
N/A
5+ --
N/A

Summary: Greenfield housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.2%, 3 bedroom homes decreased by 60.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Center Township
-60.9%
Greenfield
-64.0%

Housing Supply in Greenfield, MO

How many homes are available in Greenfield, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1617+6.3%

Summary: The Greenfield real estate market had 17 homes for sale in May 2024, a 6.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1010
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Greenfield 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Greenfield in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Greenfield, MO

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

Average Sale Time

Apr 2024May 2024CHANGE
161 Days107 Days-33.1%

Summary: Homes in Greenfield had an average of 107 days on market in May 2024, down by 33.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Greenfield are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 4 homes were sold in Greenfield; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 2 Days Ago

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