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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miller Township is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Miller Township, MO

How much do homes in Miller Township, MO cost?

Median Sold Price

$174,500

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$14,500(+9.1%)

Key Takeaway

Homes in Miller Township have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Miller Township was $174,500 in June 2024, up 9.1% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $165K$200K
+21.2%
2 $128.5K$135K
+5.1%
3 $134.5K$238.5K
+77.3%
4 $700.5K$211K
-69.9%
5+ -$107.5K
N/A

Summary: Miller Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 77.3%, 4 bedroom homes decreased by 69.9%, and 5+ bedroom homes did not change.

Housing Supply in Miller Township, MO

How many homes are available in Miller Township, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1713-23.5%

Summary: The Miller Township real estate market had 13 homes for sale in June 2024, a 23.5% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 33
0.0%
3 94
-55.6%
4 45
+25.0%
5+ 00
0.0%

Summary: The Miller Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 55.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miller Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Miller Township in June 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Miller Township, MO

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

Average Sale Time

Jun 2023Jun 2024CHANGE
5 Days60 Days+1110.0%

Summary: Homes in Miller Township had an average of 60 days on market in Jun 2024, up by 1110% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Miller Township has remained consistent over time.

Summary: During June 2024, 4 homes were sold in Miller Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 26 Days Ago

Newest Listings in Miller Township, MO

Nearby Markets to Miller Township, MO

What housing markets are near Miller Township, MO?