Is East Republic Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Republic Township has remained a Seller's Market.
Housing Prices in East Republic Township, MO
How much do homes in East Republic Township, MO cost?
Median Sold Price
$295,950
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Republic Township was $295,950 in May 2024, up 7.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $80K | -44.8% |
3 Bedrooms | $250.3K | $259.5K | +3.6% |
4 Bedrooms | $313.6K | $326.3K | +4.1% |
5+ Bedrooms | $342.5K | $479.9K | +40.1% |
Summary: East Republic 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 decreased by 44.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 40.1%.
Median Sold Price Compared To Nearby Cities
East Republic Township | $275K | $295.9K | +7.6% |
Republic North Township | $231.4K | $237.5K | +2.6% |
Republic | $257.5K | $258K | 0.2% |
Brookline Township | $300.9K | $285K | -5.3% |
Housing Supply in East Republic Township, MO
How many homes are available in East Republic Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 58 | +9.4% |
Summary: The East Republic Township real estate market had 58 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 25 | 27 | +8.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Republic 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 100%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in East Republic Township in May 2024, down by 21.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 45% were sold at asking, and 27% were sold over asking.
Days on Market for East Republic Township, MO
How long does it take to sell a home in East Republic Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 43 Days | +304.9% |
Summary: Homes in East Republic Township had an average of 43 days on market in May 2024, up by 304.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in East Republic Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.