Is Cedar Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cedar Township has remained a Seller's Market.
Housing Prices in Cedar Township, MO
How much do homes in Cedar Township, MO cost?
Median Sold Price
$361,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cedar Township was $361,000 in April 2024, up 6.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | - | $122.5K | N/A |
3 Bedrooms | $287.5K | $320K | +11.3% |
4 Bedrooms | $464K | $435K | -6.3% |
5+ Bedrooms | $525K | $591.9K | +12.8% |
Summary: Cedar Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
Three Creeks Township | $305K | $325K | +6.6% |
Ashland | $310K | $329.9K | +6.5% |
Cedar Township | $340K | $361K | +6.2% |
Housing Supply in Cedar Township, MO
How many homes are available in Cedar Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 48 | -7.7% |
Summary: The Cedar Township real estate market had 48 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 27 | 24 | -11.1% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Cedar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Cedar Township in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Cedar Township, MO
How long does it take to sell a home in Cedar Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
91 Days | 22 Days | -75.7% |
Summary: Homes in Cedar Township had an average of 22 days on market in Apr 2024, down by 75.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Cedar Township; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.