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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth B Rural Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ruth B Rural Township was a Seller's Market.

Key Takeaway

Ruth B Rural Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ruth B Rural Township, MO

How much do homes in Ruth B Rural Township, MO cost?

Median Sold Price

$322,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,500(+0.8%)

Key Takeaway

Homes in Ruth B Rural Township have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Ruth B Rural Township was $322,500 in April 2024, up 0.8% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $185K$207.3K
+12.1%
2 $258.7K$260K
0.5%
3 $320K$340K
+6.3%
4 $647.5K$539K
-16.8%
5+ $465K$503.7K
+8.3%

Summary: Ruth B Rural Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Cities

Alpine Township
+37.2%
Ruth B Rural Township
+0.8%
Ruth B City Township
-2.9%
Kimberling City
-14.7%
Pine B Township
-26.9%

Housing Supply in Ruth B Rural Township, MO

How many homes are available in Ruth B Rural Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4047+17.5%

Summary: The Ruth B Rural Township real estate market had 47 homes for sale in April 2024, a 17.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 56
+20.0%
3 1820
+11.1%
4 1111
0.0%
5+ 69
+50.0%

Summary: The Ruth B Rural 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 increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruth B Rural Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ruth B Rural Township in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ruth B Rural Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days35 Days-33.0%

Summary: Homes in Ruth B Rural Township had an average of 35 days on market in Apr 2024, down by 33% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Ruth B Rural Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Ruth B Rural Township, MO

Nearby Markets to Ruth B Rural Township, MO

What housing markets are near Ruth B Rural Township, MO?