Is Joplin 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, Joplin Township has remained a Seller's Market.
Housing Prices in Joplin Township, MO
How much do homes in Joplin Township, MO cost?
Median Sold Price
$178,631
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Joplin Township was $178,631 in March 2024, up 5.7% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | $46K | +2.2% |
2 Bedrooms | $92.1K | $108.3K | +17.6% |
3 Bedrooms | $174.9K | $184K | +5.2% |
4 Bedrooms | $275K | $289K | +5.1% |
5+ Bedrooms | $350K | $402.5K | +15.0% |
Summary: Joplin Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 15%.
Housing Supply in Joplin Township, MO
How many homes are available in Joplin Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
414 | 437 | +5.6% |
Summary: The Joplin Township real estate market had 437 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 7 | +250.0% |
2 Bedrooms | 89 | 96 | +7.9% |
3 Bedrooms | 217 | 225 | +3.7% |
4 Bedrooms | 69 | 71 | +2.9% |
5+ Bedrooms | 37 | 38 | +2.7% |
Summary: The Joplin Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 250%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 112 | +20.4% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 112 homes were sold or pending in Joplin Township in March 2024, up by 20.4% month-over-month. Of the 109 sold homes, 49% were sold under asking, 21% were sold at asking, and 30% were sold over asking.
Days on Market for Joplin Township, MO
How long does it take to sell a home in Joplin Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 70 Days | -3.0% |
Summary: Homes in Joplin Township had an average of 70 days on market in Mar 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
66 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During March 2024, 112 homes were sold in Joplin Township; 13% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.