Is Mount Vernon Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mount Vernon Township was a Neutral Market.
Housing Prices in Mount Vernon Township, MO
How much do homes in Mount Vernon Township, MO cost?
Median Sold Price
$223,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mount Vernon Township was $223,500 in March 2024, up 30.2% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $77.5K | N/A |
2 Bedrooms | $127.1K | $132.5K | +4.2% |
3 Bedrooms | $173.5K | $229.9K | +32.5% |
4 Bedrooms | $295K | $233.5K | -20.8% |
5+ Bedrooms | $330.2K | $337.7K | +2.3% |
Summary: Mount Vernon 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 4.2%, 3 bedroom homes increased by 32.5%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
Mount Vernon Township | $171.7K | $223.5K | +30.2% |
Mount Vernon | $169.9K | $220.5K | +29.8% |
Housing Supply in Mount Vernon Township, MO
How many homes are available in Mount Vernon Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 42 | +2.4% |
Summary: The Mount Vernon Township real estate market had 42 homes for sale in March 2024, a 2.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 5 | -37.5% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Mount Vernon Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Mount Vernon Township in March 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Mount Vernon Township, MO
How long does it take to sell a home in Mount Vernon Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 49 Days | +59.8% |
Summary: Homes in Mount Vernon Township had an average of 49 days on market in Mar 2024, up by 59.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Mount Vernon Township; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.