Is Strafford, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Strafford has remained a Seller's Market.
Housing Prices in Strafford, MO
How much do homes in Strafford, MO cost?
Median Sold Price
$300,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $122.4K | N/A |
2 Bedrooms | $144.5K | $265K | +83.4% |
3 Bedrooms | $227K | $269.7K | +18.8% |
4 Bedrooms | $375K | $396K | +5.6% |
5+ Bedrooms | $525K | $389.9K | -25.7% |
Summary: Strafford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.4%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 25.7%.
Median Sold Price Compared To Nearby Cities
Strafford | $250K | $300K | +20.0% |
Jackson No. 2 Township | $230K | $265K | +15.2% |
North Campbell No. 1 Township | $470K | $445K | -5.3% |
Housing Supply in Strafford, MO
How many homes are available in Strafford, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Summary: The Strafford real estate market had 27 homes for sale in April 2024, a 17.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Strafford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Strafford in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Strafford, MO
How long does it take to sell a home in Strafford, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 17 Days | -73.3% |
Summary: Homes in Strafford had an average of 17 days on market in Apr 2024, down by 73.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Strafford; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.