Is Concord Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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.
Housing Prices in Concord Township, MO
How much do homes in Concord Township, MO cost?
Median Sold Price
$235,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Concord Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Concord Township was $235,000 in November 2023, up 4.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $100K | +17.6% |
| 2 Bedrooms | $185K | $191.6K | +3.6% |
| 3 Bedrooms | $235K | $245.6K | +4.5% |
| 4 Bedrooms | $350K | $350.5K | 0.1% |
| 5+ Bedrooms | $344.5K | $331K | -3.9% |
Summary: Concord Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Concord Township | $224.8K | $235K | +4.5% |
| Green Park | $243K | $250K | +2.9% |
| Saint George | $160K | $141K | -11.9% |
Housing Supply in Concord Township, MO
How many homes are available in Concord Township, MO?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 109 | 109 | 0.0% |
Summary: The Concord Township real estate market had 109 homes for sale in November 2023, the same as October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 32 | 31 | -3.1% |
| 3 Bedrooms | 58 | 62 | +6.9% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Concord Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Concord Township, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Concord Township in November 2023, the same as the previous month. Of the 38 sold homes, 39% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Concord Township, MO
How long does it take to sell a home in Concord Township, MO?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 17 Days | 13 Days | -21.2% |
Summary: Homes in Concord Township had an average of 13 days on market in Nov 2023, down by 21.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Concord Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 38 homes were sold in Concord Township; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.