Is Union Chapel Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Chapel Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Union Chapel Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Union Chapel Township, MO

How much do homes in Union Chapel Township, MO cost?

Median Sold Price

$337,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$18,250(+5.7%)

Key Takeaway

Homes in Union Chapel Township have sold for 5.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $268K-
N/A
3 $262K$285K
+8.8%
4 $373K$420K
+12.6%
5+ $492.4K$470K
-4.6%

Summary: Union Chapel 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 8.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Cities

Wilson CW Township
+15.0%
Battlefield B Township
+12.6%
Wilson C Township
+8.9%
Union Chapel Township
+5.7%
Battlefield A Township
-3.1%

Housing Supply in Union Chapel Township, MO

How many homes are available in Union Chapel Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
31310.0%

Summary: The Union Chapel Township real estate market had 31 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1815
-16.7%
4 67
+16.7%
5+ 79
+28.6%

Summary: The Union Chapel 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Chapel Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Union Chapel Township in March 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Union Chapel Township, MO

How long does it take to sell a home in Union Chapel Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days62 Days+239.0%

Summary: Homes in Union Chapel Township had an average of 62 days on market in Mar 2024, up by 239% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Union Chapel Township; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% 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 Union Chapel Township, MO

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