Is Ruth B Rural Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Ruth B Rural Township was a Seller's Market.
Housing Prices in Ruth B Rural Township, MO
How much do homes in Ruth B Rural Township, MO cost?
Median Sold Price
$359,950
-
Based on all homes sold in the last 12 months.
Difference Since February 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $207.3K | +12.1% |
2 Bedrooms | $250K | $272K | +8.8% |
3 Bedrooms | $309K | $360K | +16.5% |
4 Bedrooms | $585K | $602.5K | +3.0% |
5+ Bedrooms | $398K | $465K | +16.8% |
Summary: Ruth B Rural Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
Ruth B Rural Township | $305K | $359.9K | +18.0% |
Pine B Township | $315K | $325.7K | +3.4% |
Ruth B City Township | $325K | $335K | +3.1% |
Kimberling City | $357.5K | $345K | -3.5% |
Housing Supply in Ruth B Rural Township, MO
How many homes are available in Ruth B Rural Township, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
43 | 45 | +4.7% |
Summary: The Ruth B Rural Township real estate market had 45 homes for sale in February 2024, a 4.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Ruth B Rural 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 remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Ruth B Rural Township in February 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ruth B Rural Township, MO
How long does it take to sell a home in Ruth B Rural Township, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
58 Days | 45 Days | -22.1% |
Summary: Homes in Ruth B Rural Township had an average of 45 days on market in Feb 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Ruth B Rural Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.