Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, MO
How much do homes in Washington Township, MO cost?
Median Sold Price
$310,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Washington Township was $310,000 in May 2024, up 24% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $800K | N/A |
2 Bedrooms | $200K | $218K | +9.0% |
3 Bedrooms | $210K | $310K | +47.6% |
4 Bedrooms | $324.9K | $475K | +46.2% |
5+ Bedrooms | $284K | - | N/A |
Summary: Washington 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 9%, 3 bedroom homes increased by 47.6%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washington Township | $249.9K | $310K | +24.0% |
Flat Creek A Township | $319.2K | $376.2K | +17.9% |
Galena | $331.4K | $320K | -3.5% |
Housing Supply in Washington Township, MO
How many homes are available in Washington Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
110 | 109 | -0.9% |
Summary: The Washington Township real estate market had 109 homes for sale in May 2024, a 0.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 25 | 29 | +16.0% |
3 Bedrooms | 53 | 49 | -7.5% |
4 Bedrooms | 26 | 23 | -11.5% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Washington Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Washington Township in May 2024, up by 9.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Township, MO
How long does it take to sell a home in Washington Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 67 Days | -2.5% |
Summary: Homes in Washington Township had an average of 67 days on market in May 2024, down by 2.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Washington Township; 38% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.