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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scott Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Scott Township has remained a Seller's Market.

Key Takeaway

Scott Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Scott Township, MO cost?

Median Sold Price

$260,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$62,500(+31.6%)

Key Takeaway

Homes in Scott Township have sold for 31.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $75K$145K
+93.3%
2 $147.2K$205.5K
+39.6%
3 $189.9K$260K
+36.9%
4 $302.5K$365K
+20.7%
5+ $286.7K$477K
+66.4%

Median Sold Price Compared To Nearby Cities

Scott Township
+31.6%
Hollister
+23.5%
Oliver Township
+8.8%

How many homes are available in Scott Township, MO?

Number of Homes For Sale

Oct 2022Nov 2022%
7162-12.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 33
0.0%
2 1919
0.0%
3 2721
-22.2%
4 1513
-13.3%
5+ 76
-14.3%

Number of Homes Sold

Oct 2022Nov 2022%
15150.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scott Township, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
14 Days54 Days+271.0%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scott 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 Scott Township, MO

Number of homes for sale in Scott Township, MO real estate market have reached 62. In November 2022 in Scott Township, MO there were 12.7% less homes for sale than in October 2022. In November 2022, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $260,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 93.3%, 2 bedrooms properties prices increased by 39.6%, 3 bedrooms properties became 36.9% more expensive, 4 bedrooms properties prices increased by 20.7%, prices of 5 bedrooms properties went up by 66.4%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 22.2%, 4 bedrooms homes became 13.3% less available, number of 5 bedrooms homes decreased by 14.3%. While more than 3 listings in Scott Township, MO in November 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 11 were sold below.

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