Is Center No. 1 Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center No. 1 Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Center No. 1 Township has remained a Seller's Market.

Key Takeaway

Center No. 1 Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Center No. 1 Township, MO

How much do homes in Center No. 1 Township, MO cost?

Median Sold Price

$307,500

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$68,700(+28.8%)

Key Takeaway

Homes in Center No. 1 Township have sold for 28.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$171.5K
N/A
3 $230K$255K
+10.9%
4 $312.5K$390.2K
+24.9%
5+ $427.5K$500.4K
+17.1%

Summary: Center No. 1 Township housing prices by bedroom type for May 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 10.9%, 4 bedroom homes increased by 24.9%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Cities

Center No. 1 Township
+28.8%
Willard
+14.0%
Murray Township
+9.3%
Campbell No. 2B Township
+4.2%

Housing Supply in Center No. 1 Township, MO

How many homes are available in Center No. 1 Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1613-18.8%

Summary: The Center No. 1 Township real estate market had 13 homes for sale in May 2024, a 18.8% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 107
-30.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Center No. 1 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center No. 1 Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Center No. 1 Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Center No. 1 Township, MO

How long does it take to sell a home in Center No. 1 Township, MO?

Average Sale Time

May 2023May 2024CHANGE
39 Days8 Days-79.7%

Summary: Homes in Center No. 1 Township had an average of 8 days on market in May 2024, down by 79.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Center No. 1 Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Center No. 1 Township; 100% of homes were sold within 30 days, 0% 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 Center No. 1 Township, MO

Nearby Markets to Center No. 1 Township, MO

What housing markets are near Center No. 1 Township, MO?