Is Marion Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Marion Township has remained a Seller's Market.
Housing Prices in Marion Township, MO
How much do homes in Marion Township, MO cost?
Median Sold Price
$165,250
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marion Township was $165,250 in April 2024, up 8% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $54K | N/A |
2 Bedrooms | $105K | $125K | +19.0% |
3 Bedrooms | $157.5K | $177K | +12.4% |
4 Bedrooms | $199.9K | $212K | +6.1% |
5+ Bedrooms | $515K | $372.5K | -27.7% |
Summary: Marion Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 27.7%.
Median Sold Price Compared To Nearby Cities
Carthage | $173.1K | $200.3K | +15.7% |
Marion Township | $153K | $165.2K | +8.0% |
Housing Supply in Marion Township, MO
How many homes are available in Marion Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 49 | -26.9% |
Summary: The Marion Township real estate market had 49 homes for sale in April 2024, a 26.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 9 | -47.1% |
3 Bedrooms | 33 | 30 | -9.1% |
4 Bedrooms | 10 | 3 | -70.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Marion 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 decreased by 47.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 70%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 14 | -46.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Marion Township in April 2024, down by 46.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for Marion Township, MO
How long does it take to sell a home in Marion Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 74 Days | +28.9% |
Summary: Homes in Marion Township had an average of 74 days on market in Apr 2024, up by 28.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Marion Township; 29% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.