Is Neosho 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, Neosho Township has remained a Seller's Market.
Housing Prices in Neosho Township, MO
How much do homes in Neosho Township, MO cost?
Median Sold Price
$209,833
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Neosho Township was $209,833 in March 2024, up 16.9% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $221K | $55K | -75.1% |
2 Bedrooms | $112K | $119K | +6.3% |
3 Bedrooms | $179.5K | $214.3K | +19.4% |
4 Bedrooms | $225K | $251K | +11.6% |
5+ Bedrooms | $241.3K | $270K | +11.9% |
Summary: Neosho Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
Neosho Township | $179.5K | $209.8K | +16.9% |
Neosho | $177.5K | $207.3K | +16.8% |
Granby Township | $140K | $162.7K | +16.3% |
Marion Township | $215K | $182.4K | -15.2% |
Housing Supply in Neosho Township, MO
How many homes are available in Neosho Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 117 | +0.9% |
Summary: The Neosho Township real estate market had 117 homes for sale in March 2024, a 0.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 72 | 62 | -13.9% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 0 | 5 | +100.0% |
Summary: The Neosho 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 35.7%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 28 | +7.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Neosho Township in March 2024, up by 7.7% month-over-month. Of the 28 sold homes, 32% were sold under asking, 29% were sold at asking, and 39% were sold over asking.
Days on Market for Neosho Township, MO
How long does it take to sell a home in Neosho Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
101 Days | 64 Days | -36.5% |
Summary: Homes in Neosho Township had an average of 64 days on market in Mar 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in Neosho Township; 25% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.