Is Willow Springs Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Springs Township is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Willow Springs Township has remained a Buyer's Market.

Key Takeaway

Willow Springs Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Willow Springs Township, MO

How much do homes in Willow Springs Township, MO cost?

Median Sold Price

$179,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,500(+10.2%)

Key Takeaway

Homes in Willow Springs Township have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Willow Springs Township was $179,000 in March 2024, up 10.2% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $320K$78.9K
-75.3%
2 $170K$112.5K
-33.8%
3 $160K$170K
+6.3%
4 $158K$212.5K
+34.5%
5+ $553.2K$300K
-45.8%

Summary: Willow Springs Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.3%, 2 bedroom homes decreased by 33.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes decreased by 45.8%.

Median Sold Price Compared To Nearby Cities

Willow Springs
+16.3%
Willow Springs Township
+10.2%

Housing Supply in Willow Springs Township, MO

How many homes are available in Willow Springs Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2822-21.4%

Summary: The Willow Springs Township real estate market had 22 homes for sale in March 2024, a 21.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 75
-28.6%
4 85
-37.5%
5+ 77
0.0%

Summary: The Willow Springs 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 decreased by 16.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow Springs Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Willow Springs Township in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Willow Springs Township, MO

How long does it take to sell a home in Willow Springs Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
4 Days28 Days+600.0%

Summary: Homes in Willow Springs Township had an average of 28 days on market in Mar 2024, up by 600% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Willow Springs Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Willow Springs Township, MO

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