Is University Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, University Township has remained a Seller's Market.
Key Takeaway
University Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in University Township, MO
How much do homes in University Township, MO cost?
Median Sold Price
$159,250
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in University Township have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in University Township was $159,250 in June 2024, down 11.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $40K | +14.3% |
| 2 Bedrooms | $107K | $102K | -4.7% |
| 3 Bedrooms | $220K | $269K | +22.3% |
| 4 Bedrooms | $375.8K | $325K | -13.5% |
| 5+ Bedrooms | $452.5K | $378.2K | -16.4% |
Summary: University Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 22.3%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
| Pagedale | $51K | $55K | +7.8% |
| University City | $322K | $319.9K | -0.7% |
| University Township | $179.6K | $159.2K | -11.4% |
Housing Supply in University Township, MO
How many homes are available in University Township, MO?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 144 | 144 | 0.0% |
Summary: The University Township real estate market had 144 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 61 | 55 | -9.8% |
| 3 Bedrooms | 60 | 72 | +20.0% |
| 4 Bedrooms | 16 | 11 | -31.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The University Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in University Township, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in University Township in June 2024, the same as the previous month. Of the 41 sold homes, 41% were sold under asking, 20% were sold at asking, and 39% were sold over asking.
Days on Market for University Township, MO
How long does it take to sell a home in University Township, MO?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 16 Days | 32 Days | +98.1% |
Summary: Homes in University Township had an average of 32 days on market in Jun 2024, up by 98.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in University Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 41 homes were sold in University Township; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.