Is Pierce Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pierce Township was a Seller's Market.
Housing Prices in Pierce Township, MO
How much do homes in Pierce Township, MO cost?
Median Sold Price
$221,400
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pierce Township was $221,400 in March 2024, up 15.2% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | - | N/A |
2 Bedrooms | $132.5K | $120K | -9.4% |
3 Bedrooms | $193.7K | $225K | +16.2% |
4 Bedrooms | $217.3K | $230K | +5.8% |
5+ Bedrooms | $467.5K | $330.5K | -29.3% |
Summary: Pierce 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 decreased by 9.4%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 29.3%.
Median Sold Price Compared To Nearby Cities
Monett Township | $165K | $210K | +27.3% |
Monett | $165K | $209K | +26.7% |
Pierce Township | $192.2K | $221.4K | +15.2% |
Pierce City | $249.8K | $253.2K | +1.4% |
Housing Supply in Pierce Township, MO
How many homes are available in Pierce Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 43 | +13.2% |
Summary: The Pierce Township real estate market had 43 homes for sale in March 2024, a 13.2% 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 | 8 | 7 | -12.5% |
3 Bedrooms | 19 | 25 | +31.6% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Pierce 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 12.5%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Pierce Township in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Pierce Township, MO
How long does it take to sell a home in Pierce Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 71 Days | +196.3% |
Summary: Homes in Pierce Township had an average of 71 days on market in Mar 2024, up by 196.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Pierce Township; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.