Is Buffalo 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, Buffalo Township was a Seller's Market.
Housing Prices in Buffalo Township, MO
How much do homes in Buffalo Township, MO cost?
Median Sold Price
$163,450
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Buffalo Township was $163,450 in April 2024, down 2.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | $128.8K | $135K | +4.8% |
3 Bedrooms | $182.4K | $177K | -3.0% |
4 Bedrooms | $159.1K | $220K | +38.2% |
5+ Bedrooms | $380K | $340K | -10.5% |
Summary: Buffalo 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 increased by 4.8%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in Buffalo Township, MO
How many homes are available in Buffalo Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 82 | +3.8% |
Summary: The Buffalo Township real estate market had 82 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 20 | 17 | -15.0% |
3 Bedrooms | 37 | 44 | +18.9% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Buffalo 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 15%, 3 bedroom homes increased by 18.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Buffalo Township in April 2024, up by 12.5% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Buffalo Township, MO
How long does it take to sell a home in Buffalo Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 30 Days | -30.9% |
Summary: Homes in Buffalo Township had an average of 30 days on market in Apr 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Buffalo Township; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.