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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Hollow Township is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Spring Hollow Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Spring Hollow Township, MO

How much do homes in Spring Hollow Township, MO cost?

Median Sold Price

$320,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$140,000(+77.8%)

Key Takeaway

Homes in Spring Hollow Township have sold for 77.8% more than they did a year ago.

Summary: The median home sold price in Spring Hollow Township was $320,000 in March 2024, up 77.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $147.5K-
N/A
3 $170K$260K
+52.9%
4 $237.4K$330K
+39.0%
5+ $464K$900K
+94.0%

Summary: Spring Hollow 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 did not change, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 39%, and 5+ bedroom homes increased by 94%.

Median Sold Price Compared To Nearby Cities

Spring Hollow Township
+77.8%
Lebanon
+29.7%
Lebanon Township
+24.4%

Housing Supply in Spring Hollow Township, MO

How many homes are available in Spring Hollow Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1622+37.5%

Summary: The Spring Hollow Township real estate market had 22 homes for sale in March 2024, a 37.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1216
+33.3%
4 11
0.0%
5+ 33
0.0%

Summary: The Spring Hollow 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 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 Spring Hollow Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Spring Hollow Township in March 2024, up by 150.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Spring Hollow Township, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
34 Days83 Days+144.7%

Summary: Homes in Spring Hollow Township had an average of 83 days on market in Mar 2024, up by 144.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Spring Hollow Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 Spring Hollow Township, MO

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What housing markets are near Spring Hollow Township, MO?