Is Moberly, 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, Moberly has remained a Seller's Market.
Key Takeaway
Moberly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moberly, MO
How much do homes in Moberly, MO cost?
Median Sold Price
$152,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Moberly have sold for 32.9% more than they did a year ago.
Summary: The median home sold price in Moberly was $152,500 in May 2024, up 32.9% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34.2K | $89.2K | +161.0% |
| 2 Bedrooms | $77.2K | $97.2K | +25.9% |
| 3 Bedrooms | $130K | $167.5K | +28.8% |
| 4 Bedrooms | $200K | $215K | +7.5% |
| 5+ Bedrooms | $300K | $260K | -13.3% |
Summary: Moberly housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 161%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Moberly | $114.7K | $152.5K | +32.9% |
| North Sugar Creek Township | $73.2K | $89.9K | +22.7% |
| South Sugar Creek Township | $139K | $160K | +15.1% |
Housing Supply in Moberly, MO
How many homes are available in Moberly, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 92 | 78 | -15.2% |
Summary: The Moberly real estate market had 78 homes for sale in May 2024, a 15.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 29 | 22 | -24.1% |
| 3 Bedrooms | 40 | 38 | -5.0% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Moberly 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 24.1%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 18 | -33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moberly, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Moberly in May 2024, down by 33.3% month-over-month. Of the 18 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.
Days on Market for Moberly, MO
How long does it take to sell a home in Moberly, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 50 Days | +105.4% |
Summary: Homes in Moberly had an average of 50 days on market in May 2024, up by 105.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Moberly are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Moberly; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.