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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mineral Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Mineral Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Mineral Township, MO

How much do homes in Mineral Township, MO cost?

Median Sold Price

$245,000

-

Based on all homes sold in February 2024.

Difference Since Last Month

+$77,500(+46.3%)

Key Takeaway

Homes in Mineral Township have sold for 46.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 -$110K
N/A
3 $167.5K$245K
+46.3%
4 -$425K
N/A
5+ --
N/A

Summary: Mineral Township housing prices by bedroom type for February 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 increased by 46.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mineral Township, MO

How many homes are available in Mineral Township, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3753+43.2%

Summary: The Mineral Township real estate market had 53 homes for sale in February 2024, a 43.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 02
+100.0%
2 02
+100.0%
3 2529
+16.0%
4 1117
+54.5%
5+ 13
+200.0%

Summary: The Mineral Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mineral Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Mineral Township in February 2024, up by 200.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Mineral Township, MO

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

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 6 homes were sold in Mineral Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 28 Days Ago

Newest Listings in Mineral Township, MO

Nearby Markets to Mineral Township, MO

What housing markets are near Mineral Township, MO?