The story of this market
The typical home in ZIP 65242 sells for about $159,000, or $141 per square foot.
Prices are down 34% from a year ago, which gives buyers more room to negotiate. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 65242
The housing market in 65242 is currently experiencing significant downward price pressure with a year-over-year decline of 34%. High inventory relative to sales volume and a high frequency of price reductions suggest a cooling market environment. Many specific metrics such as local tax history and specific utility providers are not determinable at the ZIP level.
Median prices moved down 34.0% year over year.
Homes spend a median of 49 days on market with 0.8 months of supply — a fast-moving market.
79% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 11.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 65242, Missouri
Data retrieved from data.census.gov ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.