66742 (Drexel, MO) Real Estate & Homes For Sale
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Drexel 66742 Real Estate Market Trends
?About Drexel 66742 Real Estate
Drexel's market is moving at a measured pace, with the lone active listing sitting in a pool that saw no new inventory and no contracts signed this week. Over the last 30 days, homes sold at a median price of $100,000 after a median of 122 days on market, signaling that buyers here have room to be selective. The 83% sell-to-list ratio further indicates sellers are typically accepting offers well below asking price, making negotiation leverage a real factor for buyers. With supply this thin, any new listing that comes to market will face limited direct competition.
Schools serving Drexel 66742
Drexel 66742 Real Estate FAQ
What school district serves 66742?
66742 is primarily served by the Drexel school district.
How many homes are for sale in 66742?
There are 1 homes for sale in the 66742 ZIP code (Drexel, MO) on HouseLoop, updated in real time from Heartland MLS.
What is the median list price in 66742?
The median list price of homes for sale in 66742 is $100,000.
How long does it take to sell a home in 66742?
Homes in 66742 go under contract in a median of 122 days after listing.
Is now a good time to sell my home in 66742?
66742 is currently a buyer's market — 12.0 months of supply, homes selling at about 83% of list price, a median 122 days to go under contract. Inventory gives buyers more room, so pricing discipline and presentation matter more than they did a couple years ago. Correctly priced homes still sell.
Is now a good time to buy a home in 66742?
With 12.0 months of supply, homes selling at about 83% of list price, a median 122 days to go under contract, 66742 is a buyer's market. Buyers have negotiating room — especially on homes that have had a price cut or sat past the median days on market.
Are home values increasing in 66742?
Homes in 66742 are selling at roughly 83% of list price with a median of 122 days to go under contract, which points to a more balanced market where pricing matters. 1 homes sold here in the last 12 months. For an exact change in value for a specific home, a local agent's comparative market analysis is the most reliable read.
Does 66742 have good resale value?
Resale strength comes down to liquidity and how close homes sell to asking. 66742 had 1 sales in the last 12 months, with homes closing at about 83% of list price and a median 122 days to contract — useful benchmarks for judging how quickly a home here is likely to resell.
How does 66742 (Drexel, MO) compare to its city?
66742 (Drexel, MO) has a median sale price of $100,000 (62% below the city median of $265,000); a sell-to-list ratio of 83% (vs the city median 100%, a 17.0-point discount); a median 122 days to go under contract (92 days slower than the city median of 30 days). Buyers and sellers can use these benchmarks to gauge how 66742 (Drexel, MO) is performing relative to the surrounding market.
Recently went under contract in Drexel 66742
0 last 7 days — unchanged from 0 the previous 7 days.
| Home | List price | Bd / Ba | Days to offer |
|---|---|---|---|
| 402 N McRae Street | $59,000 | 4 / 2 | 210 days |
Newly listed in Drexel 66742
0 last 7 days — unchanged from 0 the previous 7 days.
| Home | List price | Bd / Ba |
|---|---|---|
| 0000C S State Route D Highway | $100,000 | — / 0 |