Is Lemay 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, Lemay Township has remained a Seller's Market.
Housing Prices in Lemay Township, MO
How much do homes in Lemay Township, MO cost?
Median Sold Price
$190,250
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lemay Township was $190,250 in April 2024, up 9.2% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $75K | +3.4% |
2 Bedrooms | $148K | $160.6K | +8.6% |
3 Bedrooms | $220K | $231K | +5.0% |
4 Bedrooms | $239.7K | $252.7K | +5.4% |
5+ Bedrooms | $250K | $270K | +8.0% |
Summary: Lemay Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
Lemay Township | $174.2K | $190.2K | +9.2% |
Concord Township | $225K | $240.2K | +6.8% |
Green Park | $240K | $248.5K | +3.5% |
Saint George | $154.9K | $130K | -16.1% |
Housing Supply in Lemay Township, MO
How many homes are available in Lemay Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 123 | +7.9% |
Summary: The Lemay Township real estate market had 123 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 63 | 55 | -12.7% |
3 Bedrooms | 35 | 48 | +37.1% |
4 Bedrooms | 8 | 13 | +62.5% |
5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Lemay Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 37.1%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 36 | -16.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Lemay Township in April 2024, down by 16.3% month-over-month. Of the 36 sold homes, 33% were sold under asking, 14% were sold at asking, and 53% were sold over asking.
Days on Market for Lemay Township, MO
How long does it take to sell a home in Lemay Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 20 Days | -22.6% |
Summary: Homes in Lemay Township had an average of 20 days on market in Apr 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Lemay Township; 75% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.