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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gravois Township is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Gravois Township, MO cost?

Median Sold Price

$245,200

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$20,200(+9.0%)

Key Takeaway

Homes in Gravois Township have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $97K$117K
+20.6%
2 $170.5K$189.9K
+11.4%
3 $230K$257K
+11.7%
4 $319.9K$340.5K
+6.4%
5+ $487.5K$650K
+33.3%

Median Sold Price Compared To Nearby Cities

Gravois Township
+9.0%
Crestwood
+5.7%
Oakland
-8.2%

How many homes are available in Gravois Township, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
105110+4.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 2322
-4.3%
3 6765
-3.0%
4 1119
+72.7%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
3731-16.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gravois Township, you could pay more than the asking price. 67.7% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
19 Days14 Days-23.5%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gravois 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 Gravois Township, MO

Gravois Township, MO has 110 homes on the market. The number of homes for sale in Gravois Township, MO increased by 4.8% between September 2022 and October 2022. In October 2022 median list price was $245,200 and the average listing age was 14 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 20.6%, 2 bedrooms properties became 11.4% more expensive, the cost of 3 bedrooms properties went up by 11.7%, prices of 4 bedrooms properties increased by 6.4%, prices of 5 bedrooms properties went up by 33.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 4.3% less available, 3 bedrooms homes became 3% less available, the quantity of 4 bedrooms homes went up by 72.7%, the quantity of 5 bedrooms homes have not changed. Gravois Township, MO housing market in October 2022 saw over 21 listings sold above listed price, more than 3 sold at listed price and over 7 sold below.

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