Real Estate Market Stats for May 2013 in Oak Grove Missouri posted by Kalene Bagwell of Realty Executives of Kansas City. Oak Grove Missouri is a town approximately 20 miles east of Kansas City. Many people who live in Oak Grove MO work in Grain Valley, Blue Springs, Independence, Kansas City and Lee's Summit MO. Click on the links to see market stats for these other communities in Jackson County Missouri.
As you can see from my chart, Oak Grove is in an Overall Normal Seller's Market with an overall inventory of 4.18 months. In a normal seller's market we can assume moderate appreciation of market values is taking place. However, when you look at the price bands, you will see that when broken down into specific price ranges, there is an extreme buyer's market going in the ranges between $51K-$100K as well as the range between $151K and $200K. If you are currently selling a home in those price ranges, it may take up to 10 months to get your home sold.