Is Mineral 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, Mineral Township has remained a Seller's Market.
Housing Prices in Mineral Township, MO
How much do homes in Mineral Township, MO cost?
Median Sold Price
$235,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mineral Township was $235,000 in May 2024, up 23.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $69K | N/A |
2 Bedrooms | $154.7K | $110K | -28.9% |
3 Bedrooms | $179.9K | $216K | +20.0% |
4 Bedrooms | $320K | $310K | -3.1% |
5+ Bedrooms | $331K | $527.5K | +59.4% |
Summary: Mineral 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 28.9%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 59.4%.
Median Sold Price Compared To Nearby Cities
Oronogo | $190K | $269K | +41.6% |
Mineral Township | $190K | $235K | +23.7% |
Carterville | $155.2K | $180.5K | +16.3% |
Housing Supply in Mineral Township, MO
How many homes are available in Mineral Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 51 | +6.3% |
Summary: The Mineral Township real estate market had 51 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 26 | 32 | +23.1% |
4 Bedrooms | 18 | 13 | -27.8% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mineral Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Mineral Township in May 2024, down by 7.1% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for Mineral Township, MO
How long does it take to sell a home in Mineral Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 94 Days | +91.3% |
Summary: Homes in Mineral Township had an average of 94 days on market in May 2024, up by 91.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Mineral Township; 8% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.