Is Pierce Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pierce Township was a Seller's Market.
Housing Prices in Pierce Township, MO
How much do homes in Pierce Township, MO cost?
Median Sold Price
$209,950
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pierce Township was $209,950 in May 2024, up 5.4% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135K | $120.5K | -10.7% |
3 Bedrooms | $197.5K | $208K | +5.3% |
4 Bedrooms | $217.3K | $230K | +5.8% |
5+ Bedrooms | $467.5K | $439K | -6.1% |
Summary: Pierce 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 10.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
Monett | $175K | $206.2K | +17.9% |
Monett Township | $175K | $206.2K | +17.9% |
Pierce Township | $199.2K | $209.9K | +5.4% |
Pierce City | $265K | $227K | -14.3% |
Housing Supply in Pierce Township, MO
How many homes are available in Pierce Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Summary: The Pierce Township real estate market had 48 homes for sale in May 2024, a 2.1% increase 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 | 6 | 5 | -16.7% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Pierce 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 decreased by 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pierce Township in May 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Pierce Township, MO
How long does it take to sell a home in Pierce Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 28 Days | -33.9% |
Summary: Homes in Pierce Township had an average of 28 days on market in May 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Pierce Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.