Is Southwest Marion 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, Southwest Marion Township has remained a Seller's Market.
Housing Prices in Southwest Marion Township, MO
How much do homes in Southwest Marion Township, MO cost?
Median Sold Price
$252,500
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $190K | N/A |
2 Bedrooms | $65K | $145K | +123.1% |
3 Bedrooms | $221.1K | $255K | +15.3% |
4 Bedrooms | $302.5K | $241.2K | -20.3% |
5+ Bedrooms | $285K | $408.5K | +43.3% |
Summary: Southwest Marion Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 123.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes increased by 43.3%.
Median Sold Price Compared To Nearby Cities
Southwest Marion Township | $223.7K | $252.5K | +12.8% |
Southeast Marion Township | $188.5K | $207.5K | +10.1% |
Bolivar | $215.3K | $235K | +9.2% |
Northwest Marion Township | $245K | $230K | -6.1% |
Housing Supply in Southwest Marion Township, MO
How many homes are available in Southwest Marion Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Summary: The Southwest Marion Township real estate market had 20 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 16 | +45.5% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Southwest Marion 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 remained the same, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Southwest Marion Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Southwest Marion Township, MO
How long does it take to sell a home in Southwest Marion Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 30 Days | -50.8% |
Summary: Homes in Southwest Marion Township had an average of 30 days on market in Apr 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Southwest Marion Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.