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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Township is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Anderson Township, MO

How much do homes in Anderson Township, MO cost?

Median Sold Price

$209,900

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$64,900(+44.8%)

Key Takeaway

Homes in Anderson Township have sold for 44.8% more than they did a year ago.

Summary: The median home sold price in Anderson Township was $209,900 in April 2024, up 44.8% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $30K$42.5K
+41.7%
2 $90.5K$144K
+59.1%
3 $149.5K$243K
+62.5%
4 $187.5K$390K
+108.0%
5+ --
N/A

Summary: Anderson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 59.1%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 108%, and 5+ bedroom homes did not change.

Housing Supply in Anderson Township, MO

How many homes are available in Anderson Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2333+43.5%

Summary: The Anderson Township real estate market had 33 homes for sale in April 2024, a 43.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 1419
+35.7%
4 56
+20.0%
5+ 03
+100.0%

Summary: The Anderson 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 increased by 50%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Anderson Township in April 2024, up 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 Anderson Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
94 Days58 Days-38.5%

Summary: Homes in Anderson Township had an average of 58 days on market in Apr 2024, down by 38.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Anderson Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Apr 1, 2024

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