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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piney Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Piney Township has remained a Seller's Market.

Key Takeaway

Piney Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Piney Township, MO

How much do homes in Piney Township, MO cost?

Median Sold Price

$176,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$41,000(+30.4%)

Key Takeaway

Homes in Piney Township have sold for 30.4% more than they did a year ago.

Summary: The median home sold price in Piney Township was $176,000 in March 2024, up 30.4% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$189.9K
N/A
2 $87K$142.9K
+64.3%
3 $130K$162.5K
+25.0%
4 $175K$322.7K
+84.4%
5+ $308.9K$247.4K
-19.9%

Summary: Piney 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 64.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 84.4%, and 5+ bedroom homes decreased by 19.9%.

Median Sold Price Compared To Nearby Cities

Houston
+38.6%
Piney Township
+30.4%

Housing Supply in Piney Township, MO

How many homes are available in Piney Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4344+2.3%

Summary: The Piney Township real estate market had 44 homes for sale in March 2024, a 2.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 55
0.0%
3 2831
+10.7%
4 77
0.0%
5+ 30
-100.0%

Summary: The Piney Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
814+75.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piney Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Piney Township in March 2024, up by 75.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Piney Township, MO

How long does it take to sell a home in Piney Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days20 Days-64.0%

Summary: Homes in Piney Township had an average of 20 days on market in Mar 2024, down by 64% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Piney Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 14 homes were sold in Piney Township; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Piney Township, MO

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