Is Murray 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, Murray Township has remained a Seller's Market.
Housing Prices in Murray Township, MO
How much do homes in Murray Township, MO cost?
Median Sold Price
$253,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Murray Township was $253,000 in March 2024, up 14.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $151K | $177.4K | +17.5% |
3 Bedrooms | $214.5K | $231K | +7.7% |
4 Bedrooms | $265K | $287.4K | +8.5% |
5+ Bedrooms | $412.5K | $379.9K | -7.9% |
Summary: Murray 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 17.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
Center No. 1 Township | $239.4K | $305K | +27.4% |
Willard | $225K | $269K | +19.6% |
Murray Township | $221K | $253K | +14.5% |
Housing Supply in Murray Township, MO
How many homes are available in Murray Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 35 | -16.7% |
Summary: The Murray Township real estate market had 35 homes for sale in March 2024, a 16.7% decrease 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 | 1 | 2 | +100.0% |
3 Bedrooms | 21 | 19 | -9.5% |
4 Bedrooms | 17 | 11 | -35.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Murray 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 increased by 100%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Murray Township in March 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for Murray Township, MO
How long does it take to sell a home in Murray Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 27 Days | -41.1% |
Summary: Homes in Murray Township had an average of 27 days on market in Mar 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Murray Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.