Is Missouri River Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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.
Housing Prices in Missouri River Township, MO
How much do homes in Missouri River Township, MO cost?
Median Sold Price
$695,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Missouri River Township have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Missouri River Township was $695,000 in March 2024, up 12.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $320K | $360K | +12.5% |
| 3 Bedrooms | $387.5K | $450K | +16.1% |
| 4 Bedrooms | $648K | $690K | +6.5% |
| 5+ Bedrooms | $1.2M | $1.2M | +0.9% |
Summary: Missouri River Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Missouri River Township | $620K | $695K | +12.1% |
| Town and Country | $920K | $975K | +6.0% |
Housing Supply in Missouri River Township, MO
How many homes are available in Missouri River Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 95 | 91 | -4.2% |
Summary: The Missouri River Township real estate market had 91 homes for sale in March 2024, a 4.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 41 | 35 | -14.6% |
| 5+ Bedrooms | 28 | 28 | 0.0% |
Summary: The Missouri River Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Missouri River Township, you could pay more than the asking price. 64.5% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Missouri River Township in March 2024, up by 24.0% month-over-month. Of the 31 sold homes, 26% were sold under asking, 10% were sold at asking, and 65% were sold over asking.
Days on Market for Missouri River Township, MO
How long does it take to sell a home in Missouri River Township, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 25 Days | -27.9% |
Summary: Homes in Missouri River Township had an average of 25 days on market in Mar 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Missouri River Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 31 homes were sold in Missouri River Township; 77% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.