Is Five Mile Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Five Mile Township was a Seller's Market.
Housing Prices in Five Mile Township, MO
How much do homes in Five Mile Township, MO cost?
Median Sold Price
$415,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Five Mile Township was $415,000 in April 2024, up 46.9% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $224.5K | $201.2K | -10.4% |
3 Bedrooms | $249.9K | $246.5K | -1.4% |
4 Bedrooms | $374.9K | $446K | +19.0% |
5+ Bedrooms | $371K | $499K | +34.5% |
Summary: Five Mile 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 decreased by 10.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 34.5%.
Median Sold Price Compared To Nearby Cities
Five Mile Township | $282.5K | $415K | +46.9% |
Joplin | $168.3K | $180.1K | +7.0% |
Shoal Creek Township | $261K | $255K | -2.3% |
Housing Supply in Five Mile Township, MO
How many homes are available in Five Mile Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Summary: The Five Mile Township real estate market had 14 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Five Mile 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 remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Five Mile Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Five Mile Township, MO
How long does it take to sell a home in Five Mile Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 2 Days | -93.6% |
Summary: Homes in Five Mile Township had an average of 2 days on market in Apr 2024, down by 93.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Five Mile Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.