Is South Sugar Creek Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Sugar Creek Township has remained a Seller's Market.
Key Takeaway
South Sugar Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Sugar Creek Township, MO
How much do homes in South Sugar Creek Township, MO cost?
Median Sold Price
$165,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Sugar Creek Township have sold for 15% more than they did a year ago.
Summary: The median home sold price in South Sugar Creek Township was $165,000 in April 2024, up 15% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $14K | $170K | +1114.3% |
| 2 Bedrooms | $85.5K | $100.8K | +18.0% |
| 3 Bedrooms | $173K | $166.4K | -3.8% |
| 4 Bedrooms | $179.4K | $231.5K | +29.0% |
| 5+ Bedrooms | $263K | $325K | +23.6% |
Summary: South Sugar Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1114.3%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 23.6%.
Median Sold Price Compared To Nearby Cities
| Moberly | $125K | $150K | +20.0% |
| South Sugar Creek Township | $143.5K | $165K | +15.0% |
| North Sugar Creek Township | $88.2K | $89.9K | +1.9% |
Housing Supply in South Sugar Creek Township, MO
How many homes are available in South Sugar Creek Township, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The South Sugar Creek Township real estate market had 50 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The South Sugar Creek 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 7.1%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 15 | +150.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Sugar Creek Township, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in South Sugar Creek Township in April 2024, up by 150.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% were sold over asking.
Days on Market for South Sugar Creek Township, MO
How long does it take to sell a home in South Sugar Creek Township, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 66 Days | +1027.5% |
Summary: Homes in South Sugar Creek Township had an average of 66 days on market in Apr 2024, up by 1027.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Sugar Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in South Sugar Creek Township; 53% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.