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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine B Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Pine B Township, MO

How much do homes in Pine B Township, MO cost?

Median Sold Price

$245,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$90,000(-26.9%)

Key Takeaway

Homes in Pine B Township have sold for 26.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $140K$173K
+23.6%
2 $296.9K$140K
-52.9%
3 $388K$345K
-11.1%
4 $638.7K$510K
-20.2%
5+ $880K$737K
-16.3%

Summary: Pine B Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes decreased by 52.9%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Cities

Alpine Township
+37.2%
Pine A Township
+21.2%
Ruth B Rural Township
+0.8%
Pine B Township
-26.9%
Lampe
-38.0%

Housing Supply in Pine B Township, MO

How many homes are available in Pine B Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6564-1.5%

Summary: The Pine B Township real estate market had 64 homes for sale in April 2024, a 1.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 42
-50.0%
2 3028
-6.7%
3 1516
+6.7%
4 99
0.0%
5+ 79
+28.6%

Summary: The Pine B 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 decreased by 6.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine B Township, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Pine B Township in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 53% were sold at asking, and 7% were sold over asking.

Days on Market for Pine B Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
98 Days50 Days-48.8%

Summary: Homes in Pine B Township had an average of 50 days on market in Apr 2024, down by 48.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 15 homes were sold in Pine B Township; 67% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 27% 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 18 Days Ago

Newest Listings in Pine B Township, MO

Nearby Markets to Pine B Township, MO

What housing markets are near Pine B Township, MO?