Is Northview Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northview Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Northview Township has remained a Seller's Market.

Key Takeaway

Northview Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northview Township, MO

How much do homes in Northview Township, MO cost?

Median Sold Price

$331,614

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$8,386(-2.5%)

Key Takeaway

Homes in Northview Township have sold for 2.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $157.4K$138K
-12.4%
2 $255K$239.9K
-5.9%
3 $259.3K$267K
+3.0%
4 $369.9K$376.5K
+1.8%
5+ $457.5K$460K
0.5%

Summary: Northview Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Cherokee Township
+33.1%
Cassidy Township
+5.9%
Nixa
+3.0%
Northview Township
-2.5%

Housing Supply in Northview Township, MO

How many homes are available in Northview Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6364+1.6%

Summary: The Northview Township real estate market had 64 homes for sale in May 2024, a 1.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1816
-11.1%
4 2526
+4.0%
5+ 1718
+5.9%

Summary: The Northview 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 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2412-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northview Township, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Northview Township in May 2024, down by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.

Days on Market for Northview Township, MO

How long does it take to sell a home in Northview Township, MO?

Average Sale Time

May 2023May 2024CHANGE
40 Days37 Days-8.5%

Summary: Homes in Northview Township had an average of 37 days on market in May 2024, down by 8.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Northview Township has remained consistent over time.

Summary: During May 2024, 12 homes were sold in Northview Township; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% 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 Northview Township, MO

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