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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Marion Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Southeast Marion Township was a Seller's Market.

Key Takeaway

Southeast Marion Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Southeast Marion Township, MO

How much do homes in Southeast Marion Township, MO cost?

Median Sold Price

$210,360

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,360(+12.5%)

Key Takeaway

Homes in Southeast Marion Township have sold for 12.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $126.5K$152.5K
+20.6%
3 $191K$210.3K
+10.1%
4 $250.9K$279.9K
+11.5%
5+ $447.5K$190K
-57.5%

Summary: Southeast Marion 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 20.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 57.5%.

Median Sold Price Compared To Nearby Cities

Southeast Marion Township
+12.5%
Southwest Marion Township
+8.5%
Bolivar
+6.8%
Northeast Marion Township
-9.1%

Housing Supply in Southeast Marion Township, MO

How many homes are available in Southeast Marion Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
913+44.4%

Summary: The Southeast Marion Township real estate market had 13 homes for sale in March 2024, a 44.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 46
+50.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Southeast Marion 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 increased by 200%, 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
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Marion Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Southeast Marion Township in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Southeast Marion Township, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
64 Days16 Days-75.0%

Summary: Homes in Southeast Marion Township had an average of 16 days on market in Mar 2024, down by 75% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During March 2024, 2 homes were sold in Southeast Marion Township; 50% of homes were sold within 30 days, 50% 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 24 Days Ago

Newest Listings in Southeast Marion Township, MO

Nearby Markets to Southeast Marion Township, MO

What housing markets are near Southeast Marion Township, MO?