Is Twin Groves Township, 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, Twin Groves Township has remained a Seller's Market.
Housing Prices in Twin Groves Township, MO
How much do homes in Twin Groves Township, MO cost?
Median Sold Price
$231,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Twin Groves Township was $231,000 in March 2024, down 2.4% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $85.7K | $99K | +15.5% |
3 Bedrooms | $225K | $226.2K | +0.6% |
4 Bedrooms | $290K | $325K | +12.1% |
5+ Bedrooms | $259.2K | $350.5K | +35.2% |
Summary: Twin Groves 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 15.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 35.2%.
Median Sold Price Compared To Nearby Cities
Mineral Township | $191.5K | $234K | +22.2% |
Twin Groves Township | $236.7K | $231K | -2.4% |
Carl Junction | $243.5K | $232.5K | -4.5% |
Housing Supply in Twin Groves Township, MO
How many homes are available in Twin Groves Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 31 | -6.1% |
Summary: The Twin Groves Township real estate market had 31 homes for sale in March 2024, a 6.1% 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 | 3 | 5 | +66.7% |
3 Bedrooms | 16 | 12 | -25.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Twin Groves 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 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Twin Groves Township in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Twin Groves Township, MO
How long does it take to sell a home in Twin Groves Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 44 Days | -12.7% |
Summary: Homes in Twin Groves Township had an average of 44 days on market in Mar 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Twin Groves Township; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.