Is Center No. 1 Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center No. 1 Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Center No. 1 Township has remained a Seller's Market.

Key Takeaway

Center No. 1 Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Center No. 1 Township, MO

How much do homes in Center No. 1 Township, MO cost?

Median Sold Price

$310,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$68,750(+28.5%)

Key Takeaway

Homes in Center No. 1 Township have sold for 28.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $230K$255K
+10.9%
4 $320K$381.9K
+19.3%
5+ $470K$492.6K
+4.8%

Summary: Center No. 1 Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Center No. 1 Township
+28.5%
Willard
+19.6%
Murray Township
+15.4%
Campbell No. 2B Township
+8.6%
North Campbell No. 3B Township
+3.2%

Housing Supply in Center No. 1 Township, MO

How many homes are available in Center No. 1 Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1316+23.1%

Summary: The Center No. 1 Township real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 611
+83.3%
4 42
-50.0%
5+ 21
-50.0%

Summary: The Center No. 1 Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 83.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center No. 1 Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Center No. 1 Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Center No. 1 Township, MO

How long does it take to sell a home in Center No. 1 Township, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days72 Days+309.8%

Summary: Homes in Center No. 1 Township had an average of 72 days on market in Apr 2024, up by 309.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Center No. 1 Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in Center No. 1 Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 Center No. 1 Township, MO

Nearby Markets to Center No. 1 Township, MO

What housing markets are near Center No. 1 Township, MO?