Is Garden Grove Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garden Grove Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Garden Grove Township has remained a Seller's Market.

Key Takeaway

Garden Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Garden Grove Township, MO

How much do homes in Garden Grove Township, MO cost?

Median Sold Price

$275,750

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,250(-3.2%)

Key Takeaway

Homes in Garden Grove Township have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Garden Grove Township was $275,750 in April 2024, down 3.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $190K$179.9K
-5.3%
3 $250K$236K
-5.6%
4 $331.5K$395K
+19.2%
5+ $395K$477K
+20.8%

Summary: Garden Grove 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 5.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 20.8%.

Median Sold Price Compared To Nearby Cities

Rosedale Township
+7.7%
Nixa
+4.4%
Garden Grove Township
-3.2%
West Finley Township
-4.3%

Housing Supply in Garden Grove Township, MO

How many homes are available in Garden Grove Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1625+56.3%

Summary: The Garden Grove Township real estate market had 25 homes for sale in April 2024, a 56.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1116
+45.5%
4 36
+100.0%
5+ 23
+50.0%

Summary: The Garden Grove 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 45.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garden Grove Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Garden Grove Township in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Garden Grove Township, MO

How long does it take to sell a home in Garden Grove Township, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days29 Days-56.6%

Summary: Homes in Garden Grove Township had an average of 29 days on market in Apr 2024, down by 56.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Garden Grove Township; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in Garden Grove Township, MO

Nearby Markets to Garden Grove Township, MO

What housing markets are near Garden Grove Township, MO?