Is Murray 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, Murray Township has remained a Seller's Market.
Housing Prices in Murray Township, MO
How much do homes in Murray Township, MO cost?
Median Sold Price
$251,300
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $164K | $163.5K | -0.3% |
3 Bedrooms | $214K | $235K | +9.8% |
4 Bedrooms | $282.2K | $290K | +2.8% |
5+ Bedrooms | $329K | $408.5K | +24.2% |
Summary: Murray 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 0.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
Center No. 1 Township | $238.8K | $307.5K | +28.8% |
Willard | $235K | $268K | +14.0% |
Murray Township | $229.9K | $251.3K | +9.3% |
Housing Supply in Murray Township, MO
How many homes are available in Murray Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 38 | -25.5% |
Summary: The Murray Township real estate market had 38 homes for sale in May 2024, a 25.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 23 | 20 | -13.0% |
4 Bedrooms | 21 | 14 | -33.3% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Murray 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 decreased by 100%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Murray Township in May 2024, the same as the previous month. Of the 18 sold homes, 44% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for Murray Township, MO
How long does it take to sell a home in Murray Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 47 Days | -0.3% |
Summary: Homes in Murray Township had an average of 47 days on market in May 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Murray Township; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.