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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth B City Township is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ruth B City Township, MO

How much do homes in Ruth B City Township, MO cost?

Median Sold Price

$332,450

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,450(+0.7%)

Key Takeaway

Homes in Ruth B City Township have sold for 0.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $230K$247.5K
+7.6%
3 $244.9K$345K
+40.8%
4 $446K$340K
-23.8%
5+ $777K$453.2K
-41.7%

Summary: Ruth B City 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 7.6%, 3 bedroom homes increased by 40.8%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 41.7%.

Median Sold Price Compared To Nearby Cities

Ruth B Rural Township
+10.1%
Ruth B City Township
+0.7%
Kimberling City
-12.7%

Housing Supply in Ruth B City Township, MO

How many homes are available in Ruth B City Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3539+11.4%

Summary: The Ruth B City Township real estate market had 39 homes for sale in March 2024, a 11.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 1111
0.0%
4 79
+28.6%
5+ 88
0.0%

Summary: The Ruth B City 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 increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was 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 Ruth B City Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ruth B City Township in March 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Ruth B City Township, MO

How long does it take to sell a home in Ruth B City Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
105 Days38 Days-63.8%

Summary: Homes in Ruth B City Township had an average of 38 days on market in Mar 2024, down by 63.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Ruth B City Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Ruth B City Township, MO

Nearby Markets to Ruth B City Township, MO

What housing markets are near Ruth B City Township, MO?