Is Ruth B City Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ruth B City Township was a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $247.5K | +7.6% |
3 Bedrooms | $244.9K | $345K | +40.8% |
4 Bedrooms | $446K | $340K | -23.8% |
5+ Bedrooms | $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 | $311K | $342.5K | +10.1% |
Ruth B City Township | $330K | $332.4K | +0.7% |
Kimberling City | $366.5K | $320K | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 39 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 8 | 8 | 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 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 2 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
105 Days | 38 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
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.