Is Mount Vernon 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, Mount Vernon Township has remained a Seller's Market.
Housing Prices in Mount Vernon Township, MO
How much do homes in Mount Vernon Township, MO cost?
Median Sold Price
$222,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mount Vernon Township was $222,000 in April 2024, up 27.6% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $77.5K | N/A |
2 Bedrooms | $127.1K | $130K | +2.3% |
3 Bedrooms | $178K | $229.9K | +29.2% |
4 Bedrooms | $282.4K | $233K | -17.5% |
5+ Bedrooms | $265K | $345K | +30.2% |
Summary: Mount Vernon 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 increased by 2.3%, 3 bedroom homes increased by 29.2%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Cities
Mount Vernon Township | $174K | $222K | +27.6% |
Mount Vernon | $173.5K | $220.5K | +27.1% |
Housing Supply in Mount Vernon Township, MO
How many homes are available in Mount Vernon Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 47 | +11.9% |
Summary: The Mount Vernon Township real estate market had 47 homes for sale in April 2024, a 11.9% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Mount Vernon 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 3.7%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Mount Vernon Township in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for Mount Vernon Township, MO
How long does it take to sell a home in Mount Vernon Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 42 Days | -37.6% |
Summary: Homes in Mount Vernon Township had an average of 42 days on market in Apr 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Mount Vernon Township; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.