Is Town and Country, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Town and Country has remained a Seller's Market.
Key Takeaway
Town and Country is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Town and Country, MO
How much do homes in Town and Country, MO cost?
Median Sold Price
$975,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Town and Country have sold for 6% more than they did a year ago.
Summary: The median home sold price in Town and Country was $975,000 in March 2024, up 6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $543.4K | $553.7K | +1.9% |
| 3 Bedrooms | $675K | $740K | +9.6% |
| 4 Bedrooms | $844.9K | $842.5K | -0.3% |
| 5+ Bedrooms | $1.3M | $1.3M | -5.6% |
Summary: Town and Country 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 1.9%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Missouri River Township | $620K | $695K | +12.1% |
| Town and Country | $920K | $975K | +6.0% |
Housing Supply in Town and Country, MO
How many homes are available in Town and Country, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Summary: The Town and Country real estate market had 28 homes for sale in March 2024, a 6.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 18 | 11 | -38.9% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Town and Country 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Town and Country, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Town and Country in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Town and Country, MO
How long does it take to sell a home in Town and Country, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 64 Days | +138.6% |
Summary: Homes in Town and Country had an average of 64 days on market in Mar 2024, up by 138.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Town and Country are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in Town and Country; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.