Is Buffalo Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Buffalo Township has remained a Seller's Market.
Housing Prices in Buffalo Township, MO
How much do homes in Buffalo Township, MO cost?
Median Sold Price
$165,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Buffalo Township was $165,500 in March 2024, down 10.5% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $155K | +287.5% |
2 Bedrooms | $122.5K | $131K | +6.9% |
3 Bedrooms | $185K | $210K | +13.5% |
4 Bedrooms | $350.5K | $166K | -52.6% |
5+ Bedrooms | $512.5K | $369.9K | -27.8% |
Summary: Buffalo Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 287.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 52.6%, and 5+ bedroom homes decreased by 27.8%.
Median Sold Price Compared To Nearby Cities
Seneca | $166.5K | $153.9K | -7.6% |
Seneca Township | $167K | $153.4K | -8.1% |
Buffalo Township | $185K | $165.5K | -10.5% |
Housing Supply in Buffalo Township, MO
How many homes are available in Buffalo Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 64 | +23.1% |
Summary: The Buffalo Township real estate market had 64 homes for sale in March 2024, a 23.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 29 | 34 | +17.2% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Buffalo Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Buffalo Township in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 65 Days | -19.8% |
Summary: Homes in Buffalo Township had an average of 65 days on market in Mar 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Buffalo Township; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.