Is Rivers Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Rivers Township has remained a Seller's Market.
Housing Prices in Rivers Township, MO
How much do homes in Rivers Township, MO cost?
Median Sold Price
$324,663
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Rivers Township was $324,663 in February 2024, up 10.8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $83.5K | $185K | +121.6% |
2 Bedrooms | $221.5K | $239K | +7.9% |
3 Bedrooms | $300K | $323.2K | +7.7% |
4 Bedrooms | $375K | $400K | +6.7% |
5+ Bedrooms | $310K | $505K | +62.9% |
Summary: Rivers Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.6%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 62.9%.
Median Sold Price Compared To Nearby Cities
Lindenwood Township | $256.4K | $290K | +13.1% |
Rivers Township | $293K | $324.6K | +10.8% |
Saint Charles | $288K | $315K | +9.4% |
Housing Supply in Rivers Township, MO
How many homes are available in Rivers Township, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
89 | 86 | -3.4% |
Summary: The Rivers Township real estate market had 86 homes for sale in February 2024, a 3.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 61 | 51 | -16.4% |
4 Bedrooms | 14 | 18 | +28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rivers 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 23.1%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
29 | 18 | -37.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Rivers Township in February 2024, down by 37.9% month-over-month. Of the 18 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.
Days on Market for Rivers Township, MO
How long does it take to sell a home in Rivers Township, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
47 Days | 48 Days | +2.4% |
Summary: Homes in Rivers Township had an average of 48 days on market in Feb 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in Rivers Township; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.