Is North Sugar Creek Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, North Sugar Creek Township has remained a Buyer's Market.
Key Takeaway
North Sugar Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Sugar Creek Township, MO
How much do homes in North Sugar Creek Township, MO cost?
Median Sold Price
$197,450
$103/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in North Sugar Creek Township have sold for 97.5% more than they did a month ago.
Summary: The median home sold price in North Sugar Creek Township was $197,450 in March 2024, up 97.5% from last month, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $60K | $225K | +275.0% |
| 3 Bedrooms | $137.5K | $168.7K | +22.7% |
| 4 Bedrooms | - | $278K | N/A |
| 5+ Bedrooms | $183K | - | N/A |
Summary: North Sugar Creek Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 275%, 3 bedroom homes increased by 22.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in North Sugar Creek Township, MO
How many homes are available in North Sugar Creek Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Summary: The North Sugar Creek Township real estate market had 33 homes for sale in March 2024, a 10.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The North Sugar Creek 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 decreased by 25%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Sugar Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North Sugar Creek Township in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for North Sugar Creek Township, MO
How long does it take to sell a home in North Sugar Creek Township, MO?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 107 Days | +52.8% |
Summary: Homes in North Sugar Creek Township had an average of 107 days on market in Mar 2024, up by 52.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Sugar Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in North Sugar Creek Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.