Is Cedar Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Cedar Township was a Neutral Market.
Housing Prices in Cedar Township, MO
How much do homes in Cedar Township, MO cost?
Median Sold Price
$368,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cedar Township was $368,000 in March 2024, up 10.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | - | $122.5K | N/A |
3 Bedrooms | $290K | $325K | +12.1% |
4 Bedrooms | $459K | $435K | -5.2% |
5+ Bedrooms | $525K | $593.9K | +13.1% |
Summary: Cedar 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 did not change, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
Cedar Township | $333.1K | $368K | +10.5% |
Ashland | $300K | $329.9K | +10.0% |
Three Creeks Township | $300K | $324K | +8.0% |
Housing Supply in Cedar Township, MO
How many homes are available in Cedar Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 49 | +6.5% |
Summary: The Cedar Township real estate market had 49 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 18 | 20 | +11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cedar 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 remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Cedar Township in March 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Cedar Township, MO
How long does it take to sell a home in Cedar Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
163 Days | 47 Days | -70.7% |
Summary: Homes in Cedar Township had an average of 47 days on market in Mar 2024, down by 70.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Cedar Township; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.