Is University 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, University Township has remained a Seller's Market.
Housing Prices in University Township, MO
How much do homes in University Township, MO cost?
Median Sold Price
$158,233
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in University Township was $158,233 in March 2024, down 9.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35K | $55K | +57.1% |
2 Bedrooms | $115K | $91K | -20.9% |
3 Bedrooms | $250.5K | $235K | -6.2% |
4 Bedrooms | $387.1K | $307.4K | -20.6% |
5+ Bedrooms | $685K | $315K | -54.0% |
Summary: University Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.1%, 2 bedroom homes decreased by 20.9%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes decreased by 54%.
Median Sold Price Compared To Nearby Cities
Pagedale | $55K | $52K | -5.5% |
University City | $339.9K | $314.6K | -7.4% |
University Township | $174.5K | $158.2K | -9.4% |
Hanley Hills | $110K | $65K | -40.9% |
Housing Supply in University Township, MO
How many homes are available in University Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
126 | 130 | +3.2% |
Summary: The University Township real estate market had 130 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 61 | 68 | +11.5% |
3 Bedrooms | 42 | 43 | +2.4% |
4 Bedrooms | 19 | 16 | -15.8% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The University 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 11.5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in University Township in March 2024, up by 18.2% month-over-month. Of the 39 sold homes, 59% were sold under asking, 15% were sold at asking, and 26% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 32 Days | -6.4% |
Summary: Homes in University Township had an average of 32 days on market in Mar 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in University Township; 69% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.