Hannibal Housing Market Report December 2024•Marion County, Missouri

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Housing Prices in Hannibal, MO

How much do homes in Hannibal, MO cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$174,472$112/SqFt
+$16,138
+10.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Hannibal has increased by 10.2% since last year.

Summary: The median home list price in Hannibal was $174,472 in December 2024, up 10.2% from the previous year, and the median price per square foot was $112.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Miller Township
+16.1%
Hannibal
+10.2%
Mason Township
+5.0%
Clay Township
-10.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$104.9K$74K
-29.5%
2$87K$124.9K
+43.6%
3$180K$190K
+5.6%
4$234K$225K
-3.8%
5$244.5K$415K
+69.7%

Summary: Hannibal housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -29.5%. The home price for 2 bedroom homes increased by +43.6%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes decreased by -3.8%. The home price for 5 bedroom homes increased by +69.7%.

Housing supply in Hannibal, MO

How many homes are available in Hannibal, MO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
80Last MonthDec 2024
772 months agoNov 2024
+3.9 %
Change MoMNov – Dec

Summary: The Hannibal real estate market had 80 homes for sale in Dec 2024, a 3.9 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
158
+60.0%
21915
-21.1%
33134
+9.7%
41314
+7.7%
599
0.0%

Summary: Hannibal housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +60.0%. The inventory for 2 bedroom homes decreased by -21.1%. The inventory for 3 bedroom homes increased by +9.7%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Hannibal, MO cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Hannibal, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Hannibal in December 2024, up by 5.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Hannibal, MO

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

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days9 Homes

Over 90 Days6 Homes

Insight

Avg time on Rocket Homes in Hannibal has remained consistent over time.

Summary: During December 2024, 20 homes were sold in Hannibal; 25% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
71 DaysThis YearDec 2024
106 Days1 year agoDec 2023
-32.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Hannibal had an average listing age of 71 days in Dec 2024, down by 32.5% compared to the previous year.

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Newest Listings in Hannibal, MO

What homes are available in Hannibal, MO?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System, and RMLS Alliance for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:23:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.