Is Summit Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Summit Township was a Seller's Market.
Housing Prices in Summit Township, MO
How much do homes in Summit Township, MO cost?
Median Sold Price
$275,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Summit Township was $275,000 in April 2024, up 0.4% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $234.9K | $180K | -23.4% |
3 Bedrooms | $235K | $264.9K | +12.7% |
4 Bedrooms | $375K | $423.7K | +13.0% |
5+ Bedrooms | $399.9K | $370K | -7.5% |
Summary: Summit Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Cedar Township | $227.2K | $269.9K | +18.8% |
Jefferson City | $209.9K | $219K | +4.3% |
Jefferson Township | $209.2K | $217K | +3.7% |
Summit Township | $273.9K | $275K | 0.4% |
Holts Summit | $278.7K | $275K | -1.3% |
Housing Supply in Summit Township, MO
How many homes are available in Summit Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 20 | -9.1% |
Summary: The Summit Township real estate market had 20 homes for sale in April 2024, a 9.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Summit Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Summit Township in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Summit Township, MO
How long does it take to sell a home in Summit Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 2 Days | -94.8% |
Summary: Homes in Summit Township had an average of 2 days on market in Apr 2024, down by 94.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Summit Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.