Is Frontier Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Frontier Township has remained a Seller's Market.
Key Takeaway
Frontier Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frontier Township, MO
How much do homes in Frontier Township, MO cost?
Median Sold Price
$305,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Frontier Township have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Frontier Township was $305,000 in March 2024, up 5.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.4K | $130K | +6.2% |
| 2 Bedrooms | $195K | $220K | +12.8% |
| 3 Bedrooms | $285K | $290K | +1.8% |
| 4 Bedrooms | $407.5K | $467K | +14.6% |
| 5+ Bedrooms | $535K | $470K | -12.1% |
Summary: Frontier Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $255.6K | $290K | +13.4% |
| Saint Charles | $289.5K | $318.6K | +10.0% |
| Frontier Township | $289K | $305K | +5.5% |
| Spencer Creek Township | $270K | $280.6K | +4.0% |
| Zumbehl Township | $307.5K | $315K | +2.4% |
Housing Supply in Frontier Township, MO
How many homes are available in Frontier Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Summary: The Frontier Township real estate market had 48 homes for sale in March 2024, a 2.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 12 | +100.0% |
| 3 Bedrooms | 25 | 18 | -28.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Frontier 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 increased by 100%, 3 bedroom homes decreased by 28%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frontier Township, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Frontier Township in March 2024, up by 23.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 19% were sold at asking, and 48% were sold over asking.
Days on Market for Frontier Township, MO
How long does it take to sell a home in Frontier Township, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 17 Days | 16 Days | -4.2% |
Summary: Homes in Frontier Township had an average of 16 days on market in Mar 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Frontier Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Frontier Township; 76% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.