Is Monett, 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, Monett has remained a Seller's Market.
Housing Prices in Monett, MO
How much do homes in Monett, MO cost?
Median Sold Price
$206,250
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Monett was $206,250 in May 2024, up 17.9% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58.7K | $81K | +37.9% |
2 Bedrooms | $116K | $131K | +12.9% |
3 Bedrooms | $179.5K | $215K | +19.8% |
4 Bedrooms | $230K | $227.9K | -0.9% |
5+ Bedrooms | $260K | $273.2K | +5.1% |
Summary: Monett housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.9%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Monett | $175K | $206.2K | +17.9% |
Monett Township | $175K | $206.2K | +17.9% |
Pierce Township | $199.2K | $209.9K | +5.4% |
Housing Supply in Monett, MO
How many homes are available in Monett, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 73 | +12.3% |
Summary: The Monett real estate market had 73 homes for sale in May 2024, a 12.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 41 | 41 | 0.0% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Monett 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 17 | +112.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Monett in May 2024, up by 112.5% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for Monett, MO
How long does it take to sell a home in Monett, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 44 Days | -36.0% |
Summary: Homes in Monett had an average of 44 days on market in May 2024, down by 36% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Monett; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.