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 Last Month

Last month, Miller Township was a Buyer'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

$212,500

$133/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$62,500(+41.7%)

Key Takeaway

Homes in Miller Township have sold for 41.7% more than they did a month ago.

Summary: The median home sold price in Miller Township was $212,500 in May 2024, up 41.7% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $150K$150K
0.0%
3 -$265K
N/A
4 --
N/A
5+ --
N/A

Summary: Miller Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, 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

Apr 2024May 2024CHANGE
1318+38.5%

Summary: The Miller Township real estate market had 18 homes for sale in May 2024, a 38.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 610
+66.7%
4 44
0.0%
5+ 00
0.0%

Summary: The Miller Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Miller Township in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Apr 2024May 2024CHANGE
4 Days105 Days+2543.8%

Summary: Homes in Miller Township had an average of 105 days on market in May 2024, up by 2543.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 May 2024, 4 homes were sold in Miller Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in Miller Township, MO

Nearby Markets to Miller Township, MO

What housing markets are near Miller Township, MO?