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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duenweg is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Duenweg was a Seller's Market.

Key Takeaway

Duenweg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Duenweg, MO

How much do homes in Duenweg, MO cost?

Median Sold Price

$181,250

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$9,944(-5.2%)

Key Takeaway

Homes in Duenweg have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Duenweg was $181,250 in May 2024, down 5.2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $69.9K$126.4K
+80.9%
3 $193.1K$187.4K
-3.0%
4 $208K$178.5K
-14.2%
5+ --
N/A

Summary: Duenweg 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 80.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jackson Township
+36.7%
Joplin Township
+5.7%
Joplin
+5.0%
Joplin
+3.1%
Duenweg
-5.2%

Housing Supply in Duenweg, MO

How many homes are available in Duenweg, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1213+8.3%

Summary: The Duenweg real estate market had 13 homes for sale in May 2024, a 8.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 79
+28.6%
4 34
+33.3%
5+ 00
0.0%

Summary: The Duenweg 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 decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duenweg, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Duenweg in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Duenweg, MO

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

Average Sale Time

May 2023May 2024CHANGE
38 Days197 Days+419.7%

Summary: Homes in Duenweg had an average of 197 days on market in May 2024, up by 419.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Duenweg has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Duenweg; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

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