Is Northwest 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, Northwest Township has remained a Seller's Market.
Housing Prices in Northwest Township, MO
How much do homes in Northwest Township, MO cost?
Median Sold Price
$210,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northwest Township was $210,000 in April 2024, up 5% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.9K | $57.5K | +4.7% |
2 Bedrooms | $165K | $165K | 0.0% |
3 Bedrooms | $200K | $210K | +5.0% |
4 Bedrooms | $261.5K | $272K | +4.0% |
5+ Bedrooms | $305K | $285K | -6.6% |
Summary: Northwest Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
Bridgeton | $235K | $250K | +6.4% |
Northwest Township | $200K | $210K | +5.0% |
Airport Township | $130K | $135.1K | +4.0% |
Hazelwood | $160K | $159K | -0.6% |
Housing Supply in Northwest Township, MO
How many homes are available in Northwest Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 93 | +17.7% |
Summary: The Northwest Township real estate market had 93 homes for sale in April 2024, a 17.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 45 | 49 | +8.9% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northwest Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Northwest Township in April 2024, up by 9.7% month-over-month. Of the 34 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.
Days on Market for Northwest Township, MO
How long does it take to sell a home in Northwest Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 21 Days | +37.6% |
Summary: Homes in Northwest Township had an average of 21 days on market in Apr 2024, up by 37.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Northwest Township; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.