Grandview, Gladstone and Liberty among Top 10 easiest places to sell a home in Missouri

Nation and statewide housing market data was collected and analyzed by SmartAsset for a report on America’s healthiest housing markets, the study locating the best housing markets in Missouri.

Three of the top 10 cities identified fall within the Kansas City metro, listing Grandview, Gladstone and Liberty at No. 4, 8 and 10, respectively.

Four healthy-housing indicators were used to rate Missouri cities including stability, risk, ease of sale and affordability.

Methodology for the locating the healthiest housing markets included finding areas where homeowners are easily able to sell their homes with a low risk of losing money over the long run, SmartAsset’s noted in their report.  

Stability was measured by the number of years people remain in their homes and the percentage of homeowners with negative equity, risk was measured using the percentage of homes that decreased in value. Ease of sale looked at data on the average time a home for sale was on the market, and affordability was measured looking at monthly cost of owning a house as a percentage of household income in each city.

Details on each Kansas City metro city that ranked in the top 10 is included below:

Grandview, Mo. (No. 4)

Average years living in home: 18.6

Avg. homes with negative equity: 21.9%

Homes decreasing in value: 13%

Avg. days on market: 40.6

Home costs as % of income: 19.1%

Ease of sale index: 91.86

Gladstone, Mo. (No. 8)

Average years living in home: 12.8

Avg. homes with negative equity: 13.1%

Homes decreasing in value: 11.5%

Avg. days on market:  42.2

Home costs as % of income: 18.5%

Ease of sale index: 91.54

Liberty, Mo. (No. 10)

Average years living in home: 10.8

Avg. homes with negative equity: 9.9%

Homes decreasing in value: 12.7%

Avg. days on market: 44.2

Home costs as % of income: 17.4%

Ease of sale index:  91.15

The link to the full report can be found here.