Rolla Real Estate Insights - September 2023

Welcome to the September edition of the Rolla Real Estate Market Report! 🏡 I'm here to provide you with an insider's look at the fascinating world of residential single-family homes in our vibrant community. Whether you're a seasoned homeowner or a first-time buyer, understanding the local market is key to making informed decisions. Let's explore what the data and trends are telling us in 2023. 

Rolla's Resilient Real Estate Market

Rolla, Missouri, continues to be a hub of activity, offering a blend of small-town charm and modern amenities. With a thriving local economy and renowned educational institutions like Missouri S&T, our community attracts both longtime residents and newcomers eager to call Rolla home. Our local market mirrors this dynamism, and here's what you need to know:

The Numbers Game

Let's dive into the numbers that paint a vivid picture of our local market in September 2023:

📊 Total Homes Sold: 33

📈 Average Sales Price: $230,000

🏘️ Homes for Sale: 65

🆕 New Listings: 34

📉 Median Days on Market: 84

🏢 Months Supply: 2.2

Insight: In September, Rolla's housing market remained active, with a median sales price of $230,000. A total of 33 homes were sold, showcasing strong buyer demand. With 34 new listings, our inventory continues to provide a variety of options for prospective homeowners. The median days on market, at 84 days, suggests a balanced market, offering both buyers and sellers opportunities. Our months supply of 2.2 indicates a competitive environment in which well-priced homes tend to move quickly.

A Decade of Change: The Rolla Real Estate Landscape

Now, let's take a fascinating journey through the past ten years. Here are some key trends in our Rolla housing market:

Graph 1: Average Sales Prices Over the Last Decade

Insight: Over the past decade, the average sales price in Rolla has shown a steady upward trend, reflecting the growing value of our homes.

 

Graph 2: Total Homes Sold Annually

Insight: The number of homes sold in Rolla has experienced fluctuations over the years, with notable increases in recent times. 

 

Graph 3: Median Days on Market

Insight: The median days on market have experienced variations, with a notable decrease in 2022, indicating a strong seller's market.

Neighborhood Spotlight

Where Community and Comfort Converge

Rolla's Oak Knoll Subdivision: This charming neighborhood boasts tree-lined streets, cozy homes, with wide streets, spacious yards, and a welcoming atmosphere. It remains a favorite among families and professionals seeking that perfect blend of convenience and tranquility.

Agent's Advice

Guiding You Every Step of the Way

When navigating the real estate journey in Rolla, it's essential to partner with an experienced agent who understands the local nuances. I'm here to offer a helping hand, providing you with expert guidance and insights to make informed decisions. 

Local Gems

Rolla Beyond Real Estate

Don't forget to explore our town's hidden treasures:

🌳 Mark Twain National Forest: A nature lover's paradise, offering miles of hiking trails, camping sites, and scenic beauty.

🎭 Ozark Actors Theatre: Enjoy outstanding performances right here in Rolla, showcasing local talent and culture.

Conclusion

September in Rolla has been a time of growth, change, and opportunity. If you're considering buying or selling a single-family home in our community, I'm here to provide you with the knowledge and support you need.

Stay tuned for the next market report, and remember, I'm your dedicated partner in all things Rolla real estate. If you have any questions or want to explore your options, either with downsizing, need more space, or thinking about buying a home in the Rolla, Missouri area, don't hesitate to reach out. Until next time, here's to the vibrant and welcoming community we call home!

All the best!

Katherine

 


Work With Katherine

Discover a seamless real estate journey with Katherine, a knowledgeable and professional agent who is dedicated to negotiating on your behalf. Katherine brings the advantage of streamlined systems and cutting-edge technology to help you buy or sell your home.

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