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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sherrill Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Sherrill Township, MO

How much do homes in Sherrill Township, MO cost?

Median Sold Price

$133,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$13,000(+10.8%)

Key Takeaway

Homes in Sherrill Township have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Sherrill Township was $133,000 in March 2024, up 10.8% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$485K
N/A
2 $79.9K$137K
+71.5%
3 $131K$132.7K
+1.3%
4 $130K$795K
+511.5%
5+ $310K-
N/A

Summary: Sherrill 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 71.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 511.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Licking
+70.9%
Sherrill Township
+10.8%

Housing Supply in Sherrill Township, MO

How many homes are available in Sherrill Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2321-8.7%

Summary: The Sherrill Township real estate market had 21 homes for sale in March 2024, a 8.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 64
-33.3%
3 129
-25.0%
4 47
+75.0%
5+ 01
+100.0%

Summary: The Sherrill Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were 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 Sherrill Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Sherrill Township in March 2024, up by 100.0% month-over-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 Sherrill Township, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
77 Days93 Days+20.3%

Summary: Homes in Sherrill Township had an average of 93 days on market in Mar 2024, up by 20.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sherrill Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 8 homes were sold in Sherrill Township; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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 24 Days Ago

Newest Listings in Sherrill Township, MO

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What housing markets are near Sherrill Township, MO?