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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Looney Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, East Looney Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Looney Township, MO

How much do homes in East Looney Township, MO cost?

Median Sold Price

$295,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

-$100,950(-25.5%)

Key Takeaway

Homes in East Looney Township have sold for 25.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $395.9K$295K
-25.5%
5+ --
N/A

Summary: East Looney Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 25.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Looney Township
-25.5%
Brighton
-28.4%

Housing Supply in East Looney Township, MO

How many homes are available in East Looney Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
43-25.0%

Summary: The East Looney Township real estate market had 3 homes for sale in March 2024, a 25.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 11
0.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The East Looney Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

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 East Looney 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 East Looney Township in March 2024, down by 50.0% 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 East Looney Township, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
7 Days194 Days+2486.7%

Summary: Homes in East Looney Township had an average of 194 days on market in Mar 2024, up by 2486.7% compared to last month.

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 East Looney 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 East Looney 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 East Looney Township, MO

Nearby Markets to East Looney Township, MO

What housing markets are near East Looney Township, MO?