Is Tesson Ferry Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Tesson Ferry Township has remained a Seller's Market.
Housing Prices in Tesson Ferry Township, MO
How much do homes in Tesson Ferry Township, MO cost?
Median Sold Price
$325,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Tesson Ferry Township was $325,000 in February 2024, up 8.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $102K | -8.9% |
2 Bedrooms | $170K | $182K | +7.0% |
3 Bedrooms | $293.7K | $307.5K | +4.7% |
4 Bedrooms | $380K | $430K | +13.2% |
5+ Bedrooms | $615K | $573.5K | -6.7% |
Summary: Tesson Ferry Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
Lemay Township | $171.5K | $190K | +10.8% |
Tesson Ferry Township | $300.3K | $325K | +8.2% |
Concord Township | $223.4K | $240K | +7.4% |
Sunset Hills | $506K | $535K | +5.7% |
Oakville Township | $300K | $305K | +1.7% |
Housing Supply in Tesson Ferry Township, MO
How many homes are available in Tesson Ferry Township, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
54 | 67 | +24.1% |
Summary: The Tesson Ferry Township real estate market had 67 homes for sale in February 2024, a 24.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 22 | 28 | +27.3% |
4 Bedrooms | 8 | 13 | +62.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Tesson Ferry Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Tesson Ferry Township in February 2024, down by 18.2% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.
Days on Market for Tesson Ferry Township, MO
How long does it take to sell a home in Tesson Ferry Township, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
34 Days | 21 Days | -37.9% |
Summary: Homes in Tesson Ferry Township had an average of 21 days on market in Feb 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in Tesson Ferry Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.