Is Salt River Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Salt River Township has remained a Seller's Market.
Housing Prices in Salt River Township, MO
How much do homes in Salt River Township, MO cost?
Median Sold Price
$122,000
$119/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Salt River Township was $122,000 in April 2024, down 6.5% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $95.7K | $125K | +30.5% |
3 Bedrooms | $144K | $119K | -17.4% |
4 Bedrooms | - | $150.3K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Salt River Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.5%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Salt River Township, MO
How many homes are available in Salt River Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 32 | +45.5% |
Summary: The Salt River Township real estate market had 32 homes for sale in April 2024, a 45.5% increase 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 | 8 | 10 | +25.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Salt River 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 25%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Salt River Township in April 2024, up by 80.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Salt River Township, MO
How long does it take to sell a home in Salt River Township, MO?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 35 Days | +297.7% |
Summary: Homes in Salt River Township had an average of 35 days on market in Apr 2024, up by 297.7% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Salt River Township; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.