Is Rock Bridge Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rock Bridge Township was a Neutral Market.
Housing Prices in Rock Bridge Township, MO
How much do homes in Rock Bridge Township, MO cost?
Median Sold Price
$465,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rock Bridge Township was $465,500 in April 2024, up 10.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $93K | $151K | +62.4% |
3 Bedrooms | $321K | $333.5K | +3.9% |
4 Bedrooms | $423K | $493.7K | +16.7% |
5+ Bedrooms | $605.5K | $699.9K | +15.6% |
Summary: Rock Bridge 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 62.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Rock Bridge Township | $419.8K | $465.5K | +10.9% |
Columbia | $285.2K | $306.1K | +7.3% |
Missouri Township | $289.9K | $308.7K | +6.5% |
Housing Supply in Rock Bridge Township, MO
How many homes are available in Rock Bridge Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 75 | -2.6% |
Summary: The Rock Bridge Township real estate market had 75 homes for sale in April 2024, a 2.6% decrease 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 | 3 | 3 | 0.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 40 | 39 | -2.5% |
Summary: The Rock Bridge 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 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 2.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Rock Bridge Township in April 2024, up by 47.1% month-over-month. Of the 24 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Rock Bridge Township, MO
How long does it take to sell a home in Rock Bridge Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 64 Days | +34.5% |
Summary: Homes in Rock Bridge Township had an average of 64 days on market in Apr 2024, up by 34.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Rock Bridge Township; 60% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.