Is Anderson West Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson West Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Anderson West Township has remained a Seller's Market.

Key Takeaway

Anderson West Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Anderson West Township, MO

How much do homes in Anderson West Township, MO cost?

Median Sold Price

$237,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$93,500(+65.2%)

Key Takeaway

Homes in Anderson West Township have sold for 65.2% more than they did a year ago.

Summary: The median home sold price in Anderson West Township was $237,000 in May 2024, up 65.2% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $125K$92.5K
-26.0%
2 $96.5K$109.9K
+13.9%
3 $145K$335K
+131.0%
4 $177.7K$213K
+19.9%
5+ --
N/A

Summary: Anderson West Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 131%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Anderson West Township
+65.2%
Anderson
+49.3%

Housing Supply in Anderson West Township, MO

How many homes are available in Anderson West Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1415+7.1%

Summary: The Anderson West Township real estate market had 15 homes for sale in May 2024, a 7.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 76
-14.3%
4 23
+50.0%
5+ 22
0.0%

Summary: The Anderson West Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson West Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Anderson West Township in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Anderson West Township, MO

How long does it take to sell a home in Anderson West Township, MO?

Average Sale Time

May 2023May 2024CHANGE
132 Days53 Days-60.0%

Summary: Homes in Anderson West Township had an average of 53 days on market in May 2024, down by 60% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Anderson West Township has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Anderson West Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Anderson West Township, MO

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