Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, MO
How much do homes in Washington Township, MO cost?
Median Sold Price
$274,500
-
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $800K | +1233.3% |
2 Bedrooms | $200K | $196.5K | -1.8% |
3 Bedrooms | $155K | $297.5K | +91.9% |
4 Bedrooms | $324.9K | $326K | 0.3% |
5+ Bedrooms | $233K | $509K | +118.5% |
Summary: Washington Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1233.3%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 91.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 118.5%.
Housing Supply in Washington Township, MO
How many homes are available in Washington Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
78 | 96 | +23.1% |
Summary: The Washington Township real estate market had 96 homes for sale in March 2024, a 23.1% 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 | 15 | 16 | +6.7% |
3 Bedrooms | 42 | 49 | +16.7% |
4 Bedrooms | 16 | 25 | +56.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Washington 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 6.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Washington Township in March 2024, up by 12.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Township, MO
How long does it take to sell a home in Washington Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
87 Days | 51 Days | -41.1% |
Summary: Homes in Washington Township had an average of 51 days on market in Mar 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Washington Township; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.