Is Marion 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, 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
$182,400
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marion Township was $182,400 in March 2024, down 15.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190.7K | $145K | -24.0% |
3 Bedrooms | $210K | $192.2K | -8.5% |
4 Bedrooms | $260K | $207K | -20.4% |
5+ Bedrooms | $479.9K | $137.5K | -71.3% |
Summary: Marion Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes decreased by 71.3%.
Median Sold Price Compared To Nearby Cities
Jackson Township | $225K | $272K | +20.9% |
Joplin Township | $169K | $178.6K | +5.7% |
Marion Township | $215K | $182.4K | -15.2% |
Diamond | $212.5K | $170K | -20.0% |
Housing Supply in Marion Township, MO
How many homes are available in Marion Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 26 | +23.8% |
Summary: The Marion Township real estate market had 26 homes for sale in March 2024, a 23.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Marion Township housing inventory by bedroom type for March 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 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Marion Township in March 2024, up by 233.3% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
136 Days | 146 Days | +7.4% |
Summary: Homes in Marion Township had an average of 146 days on market in Mar 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Marion Township; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.