Is West Republic Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, West Republic Township has remained a Seller's Market.
Housing Prices in West Republic Township, MO
How much do homes in West Republic Township, MO cost?
Median Sold Price
$244,800
-
Based on all homes sold in the last 12 months.
Difference Since February 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $140K | N/A |
2 Bedrooms | $148K | $165K | +11.5% |
3 Bedrooms | $237.1K | $237K | -0.1% |
4 Bedrooms | $291.1K | $270K | -7.3% |
5+ Bedrooms | $348.4K | $358.2K | +2.8% |
Summary: West Republic Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
East Republic Township | $275K | $291K | +5.8% |
Republic | $250K | $255K | +2.0% |
Republic North Township | $236.9K | $236.2K | -0.3% |
West Republic Township | $248.4K | $244.8K | -1.5% |
Housing Supply in West Republic Township, MO
How many homes are available in West Republic Township, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
29 | 36 | +24.1% |
Summary: The West Republic Township real estate market had 36 homes for sale in February 2024, a 24.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The West Republic Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in West Republic Township in February 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.
Days on Market for West Republic Township, MO
How long does it take to sell a home in West Republic Township, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
40 Days | 34 Days | -13.8% |
Summary: Homes in West Republic Township had an average of 34 days on market in Feb 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in West Republic Township; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.