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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Republic North Township is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Republic North Township was a Seller's Market.

Key Takeaway

Republic North Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Republic North Township, MO

How much do homes in Republic North Township, MO cost?

Median Sold Price

$236,250

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$650(-0.3%)

Key Takeaway

The sold price of homes in Republic North Township has remained the same since last year.

Summary: The median home sold price in Republic North Township was $236,250 in February 2024, down 0.3% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $149.9K$177K
+18.1%
3 $230K$230.9K
0.4%
4 $270K$316.9K
+17.4%
5+ $331.2K$485K
+46.4%

Summary: Republic North Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 46.4%.

Median Sold Price Compared To Nearby Cities

Republic
+2.0%
Republic North Township
-0.3%
West Republic Township
-1.5%
Brookline
-3.7%
Brookline Township
-4.6%

Housing Supply in Republic North Township, MO

How many homes are available in Republic North Township, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1925+31.6%

Summary: The Republic North Township real estate market had 25 homes for sale in February 2024, a 31.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1515
0.0%
4 23
+50.0%
5+ 26
+200.0%

Summary: The Republic North Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 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 Republic North Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Republic North Township in February 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Republic North Township, MO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
17 Days76 Days+347.1%

Summary: Homes in Republic North Township had an average of 76 days on market in Feb 2024, up by 347.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 4 homes were sold in Republic North Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in Republic North Township, MO

Nearby Markets to Republic North Township, MO

What housing markets are near Republic North Township, MO?