Is Pine B 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, Pine B Township has remained a Seller's Market.
Housing Prices in Pine B Township, MO
How much do homes in Pine B Township, MO cost?
Median Sold Price
$245,000
-
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 | $147.5K | $173K | +17.3% |
2 Bedrooms | $275K | $204K | -25.8% |
3 Bedrooms | $380K | $345K | -9.2% |
4 Bedrooms | $535K | $510K | -4.7% |
5+ Bedrooms | $827.5K | $699K | -15.5% |
Summary: Pine B Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Cities
Alpine Township | $300.5K | $400K | +33.1% |
Ruth B Rural Township | $320K | $325K | +1.6% |
Pine A Township | $322.5K | $290.3K | -10.0% |
Pine B Township | $325K | $245K | -24.6% |
Lampe | $367K | $233.5K | -36.4% |
Housing Supply in Pine B Township, MO
How many homes are available in Pine B Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 53 | -19.7% |
Summary: The Pine B Township real estate market had 53 homes for sale in May 2024, a 19.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 29 | 21 | -27.6% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Pine B Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 27.6%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Pine B Township in May 2024, down by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Pine B Township, MO
How long does it take to sell a home in Pine B Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 52 Days | -43.0% |
Summary: Homes in Pine B Township had an average of 52 days on market in May 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Pine B Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.