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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth A Township is a buyer's market

Buyer's
Market

Difference Since August 2021

At the same time last year, Ruth A Township was a Seller's Market.

Key Takeaway

Ruth A Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Ruth A Township, MO cost?

Median Sold Price

$282,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$72,100(+34.3%)

Key Takeaway

Homes in Ruth A Township have sold for 34.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $118K$194.5K
+64.8%
2 $184K$284.5K
+54.6%
3 $195.9K$260K
+32.7%
4 $254.7K$419.9K
+64.9%
5+ $275K$400K
+45.5%

Median Sold Price Compared To Nearby Cities

Ruth A Township
+34.3%
Ruth C Township
+13.7%
Ruth B Rural Township
-1.6%

How many homes are available in Ruth A Township, MO?

Number of Homes For Sale

Jul 2022Aug 2022%
2529+16.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 11
0.0%
2 76
-14.3%
3 1011
+10.0%
4 47
+75.0%
5+ 34
+33.3%

Number of Homes Sold

Jul 2022Aug 2022%
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruth A Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
21 Days0 Days-96.5%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Ruth A Township, MO

Ruth A Township, MO has 29 homes on the market. The number of homes for sale in Ruth A Township, MO increased by 16% between July 2022 and August 2022. In August 2022, listings were on the market for 0 days. During the same period, the median list price in this real estate market was $282,000. Listing prices have changed in this real estate market between July 2022 and August 2022: 1 bedroom properties prices increased by 64.8%, prices of 2 bedrooms properties went up by 54.6%, prices of 3 bedrooms properties increased by 32.7%, 4 bedrooms properties became 64.9% more expensive, 5 bedrooms properties became 45.5% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 14.3%, 3 bedrooms homes became 10% more available, 4 bedrooms homes became 75% more available, volume of 5 bedrooms homes went up by 33.3%. While more than 2 listings in Ruth A Township, MO in August 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.

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