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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth C Township is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Ruth C Township, MO

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

Median Sold Price

$402,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$47,600(+13.4%)

Key Takeaway

Homes in Ruth C Township have sold for 13.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $99.5K$120K
+20.6%
2 $242.1K$212.5K
-12.2%
3 $376.4K$353.9K
-6.0%
4 $490K$565K
+15.3%
5+ $577K$605K
+4.9%

Summary: Ruth C Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Ruth C Township
+13.4%
Ruth C Rural Township
-10.2%
Indian Point
-10.2%

Housing Supply in Ruth C Township, MO

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7484+13.5%

Summary: The Ruth C Township real estate market had 84 homes for sale in April 2024, a 13.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 1721
+23.5%
3 1317
+30.8%
4 2529
+16.0%
5+ 1614
-12.5%

Summary: The Ruth C Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruth C Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Ruth C Township in April 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for Ruth C Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days35 Days-18.3%

Summary: Homes in Ruth C Township had an average of 35 days on market in Apr 2024, down by 18.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Ruth C Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 3 Days Ago

Newest Listings in Ruth C Township, MO

Nearby Markets to Ruth C Township, MO

What housing markets are near Ruth C Township, MO?