Is Oakville 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, Oakville Township has remained a Seller's Market.
Key Takeaway
Oakville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oakville Township, MO
How much do homes in Oakville Township, MO cost?
Median Sold Price
$314,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Oakville Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Oakville Township was $314,000 in March 2024, up 4.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $78K | +4.0% |
| 2 Bedrooms | $170K | $200K | +17.6% |
| 3 Bedrooms | $280K | $300K | +7.1% |
| 4 Bedrooms | $382K | $390K | +2.1% |
| 5+ Bedrooms | $438K | $465K | +6.2% |
Summary: Oakville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Lemay Township | $173.1K | $190K | +9.7% |
| Tesson Ferry Township | $304.4K | $325K | +6.7% |
| Oakville Township | $300K | $314K | +4.7% |
Housing Supply in Oakville Township, MO
How many homes are available in Oakville Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 78 | +18.2% |
Summary: The Oakville Township real estate market had 78 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 9 | 16 | +77.8% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Oakville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 30 | +30.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakville Township, you could pay more than the asking price. 56.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Oakville Township in March 2024, up by 30.4% month-over-month. Of the 30 sold homes, 20% were sold under asking, 23% were sold at asking, and 57% were sold over asking.
Days on Market for Oakville Township, MO
How long does it take to sell a home in Oakville Township, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 20 Days | -27.6% |
Summary: Homes in Oakville Township had an average of 20 days on market in Mar 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oakville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 30 homes were sold in Oakville Township; 77% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.