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 2020

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

$225,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$23,758(+11.8%)

Key Takeaway

Homes in Gravois Township have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $102.2K$97K
-5.1%
2 $160K$170.5K
+6.6%
3 $215K$230K
+7.0%
4 $300K$319.9K
+6.6%
5+ $300K$487.5K
+62.5%

Median Sold Price Compared To Nearby Cities

Oakland
+20.9%
Crestwood
+15.2%
Gravois Township
+11.8%

How many homes are available in Gravois Township, MO?

Number of Homes For Sale

Sep 2021Oct 2021%
177165-6.8%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 21
-50.0%
2 4852
+8.3%
3 9388
-5.4%
4 2819
-32.1%
5+ 65
-16.7%

Number of Homes Sold

Sep 2021Oct 2021%
5553-3.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

26 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. 49.1% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
27 Days19 Days-31.4%

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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.

About Gravois Township, MO

Homes for sale in Gravois Township, MO have reached 165. The inventory of homes for sale in Gravois Township, MO between September 2021 and October 2021 decreased by 6.8%. While the average time on the market in October 2021 was 19 days, the median list price was $225,000. This housing market listing prices have changed between September 2021 and October 2021: prices of 1 bedroom properties went down by 5.1%, prices of 2 bedrooms properties went up by 6.6%, 3 bedrooms properties prices increased by 7%, prices of 4 bedrooms properties went up by 6.6%, 5 bedrooms properties became 62.5% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 50%, the quantity of 2 bedrooms homes went up by 8.3%, number of 3 bedrooms homes decreased by 5.4%, volume of 4 bedrooms homes went down by 32.1%, the quantity of 5 bedrooms homes went down by 16.7%. Gravois Township, MO housing market in October 2021 saw over 26 listings sold above listed price, more than 7 sold at listed price and over 20 sold below.

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