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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linn Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Linn Township, MO

How much do homes in Linn Township, MO cost?

Median Sold Price

$200,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+14.3%)

Key Takeaway

Homes in Linn Township have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Linn Township was $200,000 in April 2024, up 14.3% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K$61.2K
-44.4%
2 $115.7K$138.7K
+19.8%
3 $179.9K$199.9K
+11.1%
4 $290K$232K
-20.0%
5+ $275K$285K
+3.6%

Summary: Linn Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Stockton
+32.8%
Linn Township
+14.3%

Housing Supply in Linn Township, MO

How many homes are available in Linn Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2529+16.0%

Summary: The Linn Township real estate market had 29 homes for sale in April 2024, a 16.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1920
+5.3%
4 26
+200.0%
5+ 10
-100.0%

Summary: The Linn 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 increased by 5.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 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 Linn Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Linn Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Linn Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
65 Days49 Days-24.0%

Summary: Homes in Linn Township had an average of 49 days on market in Apr 2024, down by 24% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Linn Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 10 Days Ago

Newest Listings in Linn Township, MO

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