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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burdine Township is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Burdine Township, MO

How much do homes in Burdine Township, MO cost?

Median Sold Price

$126,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$29,150(-18.8%)

Key Takeaway

Homes in Burdine Township have sold for 18.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $58.7K$89K
+51.6%
3 $165K$127K
-23.0%
4 $228.9K$269.9K
+17.9%
5+ $385K-
N/A

Summary: Burdine Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.6%, 3 bedroom homes decreased by 23%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cabool
-16.7%
Burdine Township
-18.8%

Housing Supply in Burdine Township, MO

How many homes are available in Burdine Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
21210.0%

Summary: The Burdine Township real estate market had 21 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 98
-11.1%
4 56
+20.0%
5+ 34
+33.3%

Summary: The Burdine 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 decreased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burdine Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Burdine Township in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Burdine Township, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
80 Days92 Days+13.9%

Summary: Homes in Burdine Township had an average of 92 days on market in Mar 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Burdine Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Burdine Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

Newest Listings in Burdine Township, MO

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