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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth C Township is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Ruth C Township, MO

How much do homes in Ruth C Township, MO cost?

Median Sold Price

$402,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$47,600(+13.4%)

Key Takeaway

Homes in Ruth C Township have sold for 13.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $99.5K$120K
+20.6%
2 $242.1K$212.5K
-12.2%
3 $376.4K$353.9K
-6.0%
4 $490K$565K
+15.3%
5+ $577K$605K
+4.9%

Summary: Ruth C Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

Ruth C Township
+13.4%
Ruth C Rural Township
-10.2%
Indian Point
-10.2%

Housing Supply in Ruth C Township, MO

How many homes are available in Ruth C Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7484+13.5%

Summary: The Ruth C Township real estate market had 84 homes for sale in April 2024, a 13.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 1721
+23.5%
3 1317
+30.8%
4 2529
+16.0%
5+ 1614
-12.5%

Summary: The Ruth C 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 increased by 23.5%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 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 C Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Ruth C Township in April 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for Ruth C Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days35 Days-18.3%

Summary: Homes in Ruth C Township had an average of 35 days on market in Apr 2024, down by 18.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Ruth C Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 C Township, MO

Nearby Markets to Ruth C Township, MO

What housing markets are near Ruth C Township, MO?