Is Perche 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, Perche Township has remained a Seller's Market.
Key Takeaway
Perche Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Perche Township, MO
How much do homes in Perche Township, MO cost?
Median Sold Price
$315,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Perche Township have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Perche Township was $315,000 in May 2024, up 6.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $295K | N/A |
| 3 Bedrooms | $275K | $314K | +14.2% |
| 4 Bedrooms | $350K | $450K | +28.6% |
| 5+ Bedrooms | $499.9K | $294.9K | -41.0% |
Summary: Perche 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 did not change, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 41%.
Median Sold Price Compared To Nearby Cities
| Perche Township | $295K | $315K | +6.8% |
| Rocky Fork Township | $248.5K | $250.9K | +1.0% |
Housing Supply in Perche Township, MO
How many homes are available in Perche Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The Perche Township real estate market had 23 homes for sale in May 2024, a 4.2% decrease 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 | 0 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Perche 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perche Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Perche Township in May 2024, up by 200.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 44% were sold at asking, and 44% were sold over asking.
Days on Market for Perche Township, MO
How long does it take to sell a home in Perche Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 37 Days | +144.0% |
Summary: Homes in Perche Township had an average of 37 days on market in May 2024, up by 144% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Perche Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Perche Township; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
