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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheridan Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sheridan Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sheridan Township, MO

How much do homes in Sheridan Township, MO cost?

Median Sold Price

$355,000

-

Based on all homes sold in June 2024.

Difference Since Last Month

-$20,000(-5.3%)

Key Takeaway

Homes in Sheridan Township have sold for 5.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K-
N/A
4 -$355K
N/A
5+ --
N/A

Summary: Sheridan Township housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mooney Township
+4.2%
Sheridan Township
-5.3%

Housing Supply in Sheridan Township, MO

How many homes are available in Sheridan Township, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
42-50.0%

Summary: The Sheridan Township real estate market had 2 homes for sale in June 2024, a 50.0% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Sheridan Township housing inventory by bedroom type for June 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 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sheridan Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Sheridan Township in June 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sheridan Township, MO

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

Average Sale Time

May 2024Jun 2024CHANGE
300 Days85 Days-71.7%

Summary: Homes in Sheridan Township had an average of 85 days on market in Jun 2024, down by 71.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Sheridan Township has remained consistent over time.

Summary: During June 2024, 1 homes were sold in Sheridan Township; 0% of homes were sold within 30 days, 100% 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 26 Days Ago

Newest Listings in Sheridan Township, MO

Nearby Markets to Sheridan Township, MO