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 March 2023

Since last year, 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

$300,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,500(+0.8%)

Key Takeaway

Homes in Sheridan Township have sold for 0.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $75K$321.2K
+328.3%
3 $351K$269.7K
-23.1%
4 $305K$300K
-1.6%
5+ $315K$455K
+44.4%

Summary: Sheridan 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 328.3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 44.4%.

Median Sold Price Compared To Nearby Cities

Jackson No. 1 Township
+7.2%
Sheridan Township
+0.8%

Housing Supply in Sheridan Township, MO

How many homes are available in Sheridan Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
34+33.3%

Summary: The Sheridan Township real estate market had 4 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Sheridan 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sheridan Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Sheridan Township in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Sheridan Township, MO

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Sheridan Township; 100% of homes were sold within 30 days, 0% 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 27 Days Ago

Newest Listings in Sheridan Township, MO

Nearby Markets to Sheridan Township, MO