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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Joplin Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Joplin Township, MO

How much do homes in Joplin Township, MO cost?

Median Sold Price

$179,596

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,820(+6.4%)

Key Takeaway

Homes in Joplin Township have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Joplin Township was $179,596 in April 2024, up 6.4% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $44K$48K
+9.1%
2 $94K$109.7K
+16.8%
3 $174.2K$184.7K
+6.0%
4 $274K$289.4K
+5.6%
5+ $346K$397.3K
+14.8%

Summary: Joplin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Cities

Joplin
+7.0%
Joplin Township
+6.4%
Joplin
+5.1%
Duenweg
-7.6%

Housing Supply in Joplin Township, MO

How many homes are available in Joplin Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
425430+1.2%

Summary: The Joplin Township real estate market had 430 homes for sale in April 2024, a 1.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 65
-16.7%
2 102101
-1.0%
3 215219
+1.9%
4 6670
+6.1%
5+ 3635
-2.8%

Summary: The Joplin Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 2.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
118101-14.4%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Joplin Township, you could pay more than the asking price. 36.4% of homes here sold above asking price last month.

Summary: A total of 101 homes were sold or pending in Joplin Township in April 2024, down by 14.4% month-over-month. Of the 99 sold homes, 32% were sold under asking, 31% were sold at asking, and 36% were sold over asking.

Days on Market for Joplin Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days62 Days+7.4%

Summary: Homes in Joplin Township had an average of 62 days on market in Apr 2024, up by 7.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

62 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Joplin Township has remained consistent over time.

Summary: During April 2024, 101 homes were sold in Joplin Township; 20% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 17% 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 5 Days Ago

Newest Listings in Joplin Township, MO

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