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 Last Month

Last month, Piney Township was a Buyer'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

$123,711

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$8,711(+7.6%)

Key Takeaway

Homes in Piney Township have sold for 7.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$100.5K
N/A
4 $115K$175K
+52.2%
5+ --
N/A

Summary: Piney 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Piney Township
+7.6%
Alton
+7.6%

Housing Supply in Piney Township, MO

How many homes are available in Piney Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1516+6.7%

Summary: The Piney Township real estate market had 16 homes for sale in March 2024, a 6.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 33
0.0%
3 67
+16.7%
4 21
-50.0%
5+ 12
+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 remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Piney Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Feb 2024Mar 2024CHANGE
168 Days182 Days+8.7%

Summary: Homes in Piney Township had an average of 182 days on market in Mar 2024, up by 8.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Piney Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in Piney Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 26 Days Ago

Newest Listings in Piney Township, MO

Nearby Markets to Piney Township, MO

What housing markets are near Piney Township, MO?