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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Grove Township is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Mountain Grove Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Mountain Grove Township, MO cost?

Median Sold Price

$120,000

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$26,550(+28.4%)

Key Takeaway

Homes in Mountain Grove Township have sold for 28.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $57K$12K
-78.9%
2 $51.5K$68K
+32.0%
3 $114.5K$160K
+39.7%
4 $170K$177.6K
+4.5%
5+ $209.1K$164.7K
-21.2%

Median Sold Price Compared To Nearby Cities

Mountain Grove
+29.9%
Mountain Grove Township
+28.4%
Clinton Township
+3.3%

How many homes are available in Mountain Grove Township, MO?

Number of Homes For Sale

Jul 2022Aug 2022%
4748+2.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 1717
0.0%
3 2426
+8.3%
4 43
-25.0%
5+ 22
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
1112+9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Grove Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
22 Days23 Days+1.8%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mountain Grove 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 Mountain Grove Township, MO

Homes for sale in Mountain Grove Township, MO have reached 48. Between July 2022 and August 2022, Mountain Grove Township, MO real estate market has seen increase in the number of listings by 2.1%. The median list price of listings available in August 2022 was $120,000, while the average time on the real estate market was 23 days. This housing market listing prices have changed between July 2022 and August 2022: 1 bedroom properties became 78.9% more cheaper, prices of 2 bedrooms properties increased by 32%, 3 bedrooms properties became 39.7% more expensive, 4 bedrooms properties became 4.5% more expensive, 5 bedrooms properties became 21.2% more cheaper. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, 3 bedrooms homes inventory increased by 8.3%, number of 4 bedrooms homes decreased by 25%, number of 5 bedrooms homes remained the same. In August 2022, from all listings sold in Mountain Grove Township, MO there were more than 3 sold above asking price, over 7 sold below and more than 2 were sold right at the asked price.

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