Is Union Chapel Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Chapel Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Union Chapel Township was a Seller's Market.

Key Takeaway

Union Chapel Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Union Chapel Township, MO

How much do homes in Union Chapel Township, MO cost?

Median Sold Price

$335,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,050(+3.1%)

Key Takeaway

Homes in Union Chapel Township have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Union Chapel Township was $335,000 in May 2024, up 3.1% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $186K$217.5K
+16.9%
3 $277K$290K
+4.7%
4 $397.5K$407K
+2.4%
5+ $487.4K$427.3K
-12.3%

Summary: Union Chapel 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 increased by 16.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Cities

Wilson C Township
+18.9%
Wilson CW Township
+15.4%
Union Chapel Township
+3.1%
Battlefield B Township
+1.5%
Battlefield A Township
-5.9%

Housing Supply in Union Chapel Township, MO

How many homes are available in Union Chapel Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4046+15.0%

Summary: The Union Chapel Township real estate market had 46 homes for sale in May 2024, a 15.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1919
0.0%
4 1219
+58.3%
5+ 77
0.0%

Summary: The Union Chapel 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Chapel Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Union Chapel Township in May 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for Union Chapel Township, MO

How long does it take to sell a home in Union Chapel Township, MO?

Average Sale Time

May 2023May 2024CHANGE
20 Days16 Days-22.8%

Summary: Homes in Union Chapel Township had an average of 16 days on market in May 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Union Chapel Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 7 homes were sold in Union Chapel Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 Union Chapel Township, MO

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