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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elk Horn Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Elk Horn Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Elk Horn Township, MO

How much do homes in Elk Horn Township, MO cost?

Median Sold Price

$240,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$75,000(-23.8%)

Key Takeaway

Homes in Elk Horn Township have sold for 23.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$240K
N/A
4 $315K-
N/A
5+ --
N/A

Summary: Elk Horn Township housing prices by bedroom type for April 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Elk Horn Township, MO

How many homes are available in Elk Horn Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The Elk Horn Township real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Elk Horn Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elk Horn Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Elk Horn Township in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Elk Horn Township, MO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
170 Days3 Days-98.2%

Summary: Homes in Elk Horn Township had an average of 3 days on market in Apr 2024, down by 98.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Elk Horn Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Elk Horn Township, MO

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