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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meramec Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Meramec Township was a Seller's Market.

Key Takeaway

Meramec Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Meramec Township, MO cost?

Median Sold Price

$128,500

-

Based on all homes sold in August 2022.

Difference Since Last Month

+$18,500(+16.8%)

Key Takeaway

Homes in Meramec Township have sold for 16.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 $267.4K-
N/A
3 $92.5K$128.5K
+38.9%
4 --
N/A
5+ --
N/A

How many homes are available in Meramec Township, MO?

Number of Homes For Sale

Jul 2022Aug 2022%
10100.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 21
-50.0%
3 53
-40.0%
4 14
+300.0%
5+ 22
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meramec Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Meramec Township, MO

Homes for sale in Meramec Township, MO have reached 10. Real estate listing prices changed between August 2021 and August 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 38.9% more expensive, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 50%, number of 3 bedrooms homes decreased by 40%, 4 bedrooms homes inventory increased by 300%, volume of 5 bedrooms homes stayed the same. While more than 1 listings in Meramec Township, MO in August 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.

Related Housing Market Reports