Is Hadley 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, Hadley Township has remained a Seller's Market.
Key Takeaway
Hadley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hadley Township, MO
How much do homes in Hadley Township, MO cost?
Median Sold Price
$370,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hadley Township have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Hadley Township was $370,000 in May 2024, up 5.7% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.9K | $179K | +14.0% |
| 2 Bedrooms | $235K | $250K | +6.4% |
| 3 Bedrooms | $350K | $371K | +6.0% |
| 4 Bedrooms | $607.5K | $615.7K | +1.4% |
| 5+ Bedrooms | $750K | $825K | +10.0% |
Summary: Hadley Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Clayton | $585K | $689K | +17.8% |
| Maplewood | $250K | $280K | +12.0% |
| Brentwood | $246K | $266K | +8.1% |
| Hadley Township | $350K | $370K | +5.7% |
| Richmond Heights | $352K | $361K | +2.6% |
Housing Supply in Hadley Township, MO
How many homes are available in Hadley Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 115 | 118 | +2.6% |
Summary: The Hadley Township real estate market had 118 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 32 | 33 | +3.1% |
| 3 Bedrooms | 40 | 39 | -2.5% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Hadley Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 44 | +57.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hadley Township, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 44 homes were sold or pending in Hadley Township in May 2024, up by 57.1% month-over-month. Of the 44 sold homes, 39% were sold under asking, 20% were sold at asking, and 41% were sold over asking.
Days on Market for Hadley Township, MO
How long does it take to sell a home in Hadley Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 12 Days | -69.5% |
Summary: Homes in Hadley Township had an average of 12 days on market in May 2024, down by 69.5% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hadley Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 44 homes were sold in Hadley Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.