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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Missouri River Township is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Missouri River Township, MO cost?

Median Sold Price

$620,501

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$56,301(+10.0%)

Key Takeaway

Homes in Missouri River Township have sold for 10% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $165K-
N/A
2 $292K$300K
+2.7%
3 $410K$397K
-3.2%
4 $581.6K$630K
+8.3%
5+ $850K$1.1M
+40.1%

Median Sold Price Compared To Nearby Cities

Town and Country
+15.4%
Missouri River Township
+10.0%

How many homes are available in Missouri River Township, MO?

Number of Homes For Sale

Apr 2022May 2022%
108117+8.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 78
+14.3%
3 3237
+15.6%
4 4349
+14.0%
5+ 2623
-11.5%

Number of Homes Sold

Apr 2022May 2022%
3642+16.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Missouri River Township, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
42 Days20 Days-51.5%

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Missouri River 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 Missouri River Township, MO

Missouri River Township, MO has 117 homes for sale to choose from. The number of homes for sale in Missouri River Township, MO increased by 8.3% between April 2022 and May 2022. In May 2022 median list price was $620,501 and the average listing age was 20 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 2.7% more expensive, 3 bedrooms properties prices decreased by 3.2%, 4 bedrooms properties prices increased by 8.3%, the cost of 5 bedrooms properties went up by 40.1%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes became 14.3% more available, the quantity of 3 bedrooms homes went up by 15.6%, 4 bedrooms homes became 14% more available, 5 bedrooms homes inventory decreased by 11.5%. In May 2022, from all listings sold in Missouri River Township, MO there were more than 26 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price.

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