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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Normandy Township is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Normandy Township was a Seller's Market.

Key Takeaway

Normandy Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Normandy Township, MO cost?

Median Sold Price

$72,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$5,834(+8.8%)

Key Takeaway

Homes in Normandy Township have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $20K$40K
+100.0%
2 $49.2K$54.7K
+11.2%
3 $88.9K$90K
+1.2%
4 $145K$135K
-6.9%
5+ $165.5K$100K
-39.6%

How many homes are available in Normandy Township, MO?

Number of Homes For Sale

Dec 2022Jan 2023%
9693-3.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 43
-25.0%
2 4442
-4.5%
3 3938
-2.6%
4 79
+28.6%
5+ 21
-50.0%

Number of Homes Sold

Dec 2022Jan 2023%
2715-44.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Normandy Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
50 Days48 Days-3.7%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Normandy 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 Normandy Township, MO

Number of homes for sale in Normandy Township, MO real estate market have reached 93. Between December 2022 and January 2023, Normandy Township, MO real estate market has seen decrease in the number of listings by 3.1%. In January 2023 median list price was $72,000 and the average listing age was 48 days. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties prices increased by 100%, 2 bedrooms properties prices increased by 11.2%, the cost of 3 bedrooms properties went up by 1.2%, the cost of 4 bedrooms properties went down by 6.9%, prices of 5 bedrooms properties went down by 39.6%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes decreased by 25%, the quantity of 2 bedrooms homes went down by 4.5%, number of 3 bedrooms homes decreased by 2.6%, volume of 4 bedrooms homes went up by 28.6%, 5 bedrooms homes became 50% less available. In January 2023 more than 2 listings in Normandy Township, MO were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 12 were sold below.

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