Is Galena Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Galena Township has remained a Seller's Market.
Housing Prices in Galena Township, MO
How much do homes in Galena Township, MO cost?
Median Sold Price
$169,926
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Galena Township was $169,926 in April 2024, up 10.2% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47.4K | $46K | -3.0% |
2 Bedrooms | $88.5K | $110.1K | +24.4% |
3 Bedrooms | $169K | $179.9K | +6.4% |
4 Bedrooms | $275K | $260.9K | -5.1% |
5+ Bedrooms | $245.2K | $406K | +65.5% |
Summary: Galena Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 65.5%.
Median Sold Price Compared To Nearby Cities
Galena Township | $154.1K | $169.9K | +10.2% |
Joplin | $168.3K | $180.1K | +7.0% |
Shoal Creek Township | $261K | $255K | -2.3% |
Housing Supply in Galena Township, MO
How many homes are available in Galena Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
194 | 219 | +12.9% |
Summary: The Galena Township real estate market had 219 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 48 | 51 | +6.3% |
3 Bedrooms | 88 | 97 | +10.2% |
4 Bedrooms | 36 | 47 | +30.6% |
5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Galena 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 6.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 46 | +15.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Galena Township in April 2024, up by 15.0% month-over-month. Of the 45 sold homes, 38% were sold under asking, 20% were sold at asking, and 42% were sold over asking.
Days on Market for Galena Township, MO
How long does it take to sell a home in Galena Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 60 Days | +15.0% |
Summary: Homes in Galena Township had an average of 60 days on market in Apr 2024, up by 15% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 46 homes were sold in Galena Township; 26% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.