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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concord Township is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Concord Township has remained a Seller's Market.

Key Takeaway

Concord Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Concord Township, MO cost?

Median Sold Price

$225,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$23,500(+11.7%)

Key Takeaway

Homes in Concord Township have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $68.9K$82K
+19.0%
2 $175K$184.6K
+5.5%
3 $211.3K$235K
+11.2%
4 $330K$355K
+7.6%
5+ $344K$344.5K
0.1%

Median Sold Price Compared To Nearby Cities

Concord Township
+11.7%
Green Park
+10.9%
Saint George
-2.8%

How many homes are available in Concord Township, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
132120-9.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 46
+50.0%
2 3533
-5.7%
3 7164
-9.9%
4 2015
-25.0%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
6246-25.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concord Township, you could pay more than the asking price. 67.4% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
22 Days11 Days-46.5%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Concord Township, MO

Number of homes for sale in Concord Township, MO real estate market have reached 120. Between September 2022 and October 2022, Concord Township, MO real estate market has seen decrease in the number of listings by 9.1%. Listings spent 11 days on the market in October 2022, and had a median list price of $225,000 during the same period. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties became 19% more expensive, 2 bedrooms properties prices increased by 5.5%, 3 bedrooms properties became 11.2% more expensive, 4 bedrooms properties prices increased by 7.6%, 5 bedrooms properties prices increased by 0.1%. Housing inventory have changed in this real estate market: 1 bedroom homes became 50% more available, number of 2 bedrooms homes decreased by 5.7%, the quantity of 3 bedrooms homes went down by 9.9%, the quantity of 4 bedrooms homes went down by 25%, 5 bedrooms homes did not move. In October 2022 more than 31 listings in Concord Township, MO were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 12 were sold below.

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