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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rivers Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

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

+$31,663(+10.8%)

Key Takeaway

Homes in Rivers Township have sold for 10.8% more than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $83.5K$185K
+121.6%
2 $221.5K$239K
+7.9%
3 $300K$323.2K
+7.7%
4 $375K$400K
+6.7%
5+ $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
+13.1%
Rivers Township
+10.8%
Saint Charles
+9.4%

Housing Supply in Rivers Township, MO

How many homes are available in Rivers Township, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
8986-3.4%

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

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1316
+23.1%
3 6151
-16.4%
4 1418
+28.6%
5+ 11
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 2024Feb 2024CHANGE
2918-37.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rivers Township, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.

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 2023Feb 2024CHANGE
47 Days48 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 28 Days Ago

Newest Listings in Rivers Township, MO

Nearby Markets to Rivers Township, MO

What housing markets are near Rivers Township, MO?