Is Northwest Marion 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, Northwest Marion Township has remained a Seller's Market.
Housing Prices in Northwest Marion Township, MO
How much do homes in Northwest Marion Township, MO cost?
Median Sold Price
$222,500
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Northwest Marion Township was $222,500 in March 2024, down 10.3% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | - | N/A |
2 Bedrooms | $155.9K | $157K | +0.7% |
3 Bedrooms | $235K | $215K | -8.5% |
4 Bedrooms | $274K | $360K | +31.4% |
5+ Bedrooms | $390.3K | $368K | -5.7% |
Summary: Northwest Marion 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 0.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
Southwest Marion Township | $221.1K | $240K | +8.5% |
Bolivar | $215.3K | $230K | +6.8% |
Northeast Marion Township | $214.5K | $195K | -9.1% |
Northwest Marion Township | $248K | $222.5K | -10.3% |
Housing Supply in Northwest Marion Township, MO
How many homes are available in Northwest Marion Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Northwest Marion Township real estate market had 22 homes for sale in March 2024, a 4.8% increase 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 | 3 | 3 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Northwest Marion 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Northwest Marion Township in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Northwest Marion Township, MO
How long does it take to sell a home in Northwest Marion Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 70 Days | +15.6% |
Summary: Homes in Northwest Marion Township had an average of 70 days on market in Mar 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Northwest Marion Township; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.