Is Normandy 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, Normandy Township has remained a Seller's Market.
Housing Prices in Normandy Township, MO
How much do homes in Normandy Township, MO cost?
Median Sold Price
$65,000
$68/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Normandy Township was $65,000 in March 2024, down 8.9% from last year, and the median price per square foot was $68.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $34.2K | -14.4% |
2 Bedrooms | $55.5K | $53K | -4.5% |
3 Bedrooms | $92K | $79K | -14.1% |
4 Bedrooms | $124.2K | $99.5K | -19.9% |
5+ Bedrooms | $90K | $280K | +211.1% |
Summary: Normandy Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes increased by 211.1%.
Median Sold Price Compared To Nearby Cities
Normandy Township | $71.3K | $65K | -8.9% |
Normandy | $95.5K | $81K | -15.2% |
Housing Supply in Normandy Township, MO
How many homes are available in Normandy Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
140 | 131 | -6.4% |
Summary: The Normandy Township real estate market had 131 homes for sale in March 2024, a 6.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 72 | 69 | -4.2% |
3 Bedrooms | 49 | 45 | -8.2% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Normandy Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 36 | -7.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Normandy Township in March 2024, down by 7.7% month-over-month. Of the 36 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Normandy Township, MO
How long does it take to sell a home in Normandy Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 40 Days | +1.0% |
Summary: Homes in Normandy Township had an average of 40 days on market in Mar 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 36 homes were sold in Normandy Township; 58% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.