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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adair Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Adair Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Adair Township, MO

How much do homes in Adair Township, MO cost?

Median Sold Price

$630,000

$364/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$380,000(+152.0%)

Key Takeaway

Homes in Adair Township have sold for 152% more than they did a month ago.

Summary: The median home sold price in Adair Township was $630,000 in September 2024, up 152% from last month, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $250K-
N/A
3 --
N/A
4 -$630K
N/A
5+ --
N/A

Summary: Adair Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adair Township, MO

How many homes are available in Adair Township, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
82103+25.6%

Summary: The Adair Township real estate market had 103 homes for sale in September 2024, a 25.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 1719
+11.8%
3 3342
+27.3%
4 2028
+40.0%
5+ 1012
+20.0%

Summary: The Adair Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adair Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Adair Township in September 2024, up by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Adair Township, MO

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

Average Sale Time

Aug 2024Sep 2024CHANGE
81 Days3 Days-96.3%

Summary: Homes in Adair Township had an average of 3 days on market in Sep 2024, down by 96.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Adair Township; 67% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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