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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth C Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Ruth C Township was a Seller's Market.

Key Takeaway

Ruth C Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ruth C Township, MO

How much do homes in Ruth C Township, MO cost?

Median Sold Price

$405,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$45,100(+12.5%)

Key Takeaway

Homes in Ruth C Township have sold for 12.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $100K$120K
+20.0%
2 $240K$229.2K
-4.5%
3 $379K$349.9K
-7.7%
4 $494.5K$565K
+14.3%
5+ $574.8K$610K
+6.1%

Summary: Ruth C Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Ruth C Township
+12.5%
Ruth C Rural Township
-8.1%
Indian Point
-8.1%
Branson West
-51.0%

Housing Supply in Ruth C Township, MO

How many homes are available in Ruth C Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7787+13.0%

Summary: The Ruth C Township real estate market had 87 homes for sale in May 2024, a 13.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2022
+10.0%
3 1622
+37.5%
4 2828
0.0%
5+ 1113
+18.2%

Summary: The Ruth C 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 10%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruth C Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Ruth C Township in May 2024, down by 37.5% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ruth C Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
44 Days71 Days+59.3%

Summary: Homes in Ruth C Township had an average of 71 days on market in May 2024, up by 59.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 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 Ruth C Township has remained consistent over time.

Summary: During May 2024, 5 homes were sold in Ruth C Township; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 Ruth C Township, MO

Nearby Markets to Ruth C Township, MO

What housing markets are near Ruth C Township, MO?