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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rogersville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Rogersville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rogersville, MO

How much do homes in Rogersville, MO cost?

Median Sold Price

$297,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,100(+0.7%)

Key Takeaway

Homes in Rogersville have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Rogersville was $297,000 in May 2024, up 0.7% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $147.5K$175K
+18.6%
3 $249.9K$255K
+2.0%
4 $347.5K$367.5K
+5.8%
5+ $507.5K$670.1K
+32.0%

Summary: Rogersville 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 18.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 32%.

Median Sold Price Compared To Nearby Cities

Taylor Township
+17.9%
Rogersville
+0.7%
Benton Township
-5.8%

Housing Supply in Rogersville, MO

How many homes are available in Rogersville, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7673-3.9%

Summary: The Rogersville real estate market had 73 homes for sale in May 2024, a 3.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 64
-33.3%
3 4132
-22.0%
4 1723
+35.3%
5+ 1213
+8.3%

Summary: The Rogersville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 22%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rogersville, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Rogersville in May 2024, down by 15.0% month-over-month. Of the 16 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% were sold over asking.

Days on Market for Rogersville, MO

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

Average Sale Time

May 2023May 2024CHANGE
26 Days58 Days+116.9%

Summary: Homes in Rogersville had an average of 58 days on market in May 2024, up by 116.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rogersville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 17 homes were sold in Rogersville; 65% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 24% 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 8 Days Ago

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