Is Rock Bridge Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Rock Bridge Township has remained a Seller's Market.
Housing Prices in Rock Bridge Township, MO
How much do homes in Rock Bridge Township, MO cost?
Median Sold Price
$435,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rock Bridge Township was $435,000 in March 2024, up 3.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $88.5K | $151K | +70.6% |
3 Bedrooms | $324.6K | $327K | +0.7% |
4 Bedrooms | $422K | $483K | +14.5% |
5+ Bedrooms | $597.7K | $688.9K | +15.3% |
Summary: Rock Bridge 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 70.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Cities
Missouri Township | $286.8K | $307.3K | +7.2% |
Columbia | $285K | $302.1K | +6.0% |
Rock Bridge Township | $421.5K | $435K | +3.2% |
Housing Supply in Rock Bridge Township, MO
How many homes are available in Rock Bridge Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 69 | +13.1% |
Summary: The Rock Bridge Township real estate market had 69 homes for sale in March 2024, a 13.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 29 | 34 | +17.2% |
Summary: The Rock Bridge 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 remained the same, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 17.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Rock Bridge Township in March 2024, up by 54.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for Rock Bridge Township, MO
How long does it take to sell a home in Rock Bridge Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 74 Days | +70.4% |
Summary: Homes in Rock Bridge Township had an average of 74 days on market in Mar 2024, up by 70.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Rock Bridge Township; 53% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.