Is South Fork 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, South Fork Township was a Seller's Market.
Key Takeaway
South Fork Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Fork Township, MO
How much do homes in South Fork Township, MO cost?
Median Sold Price
$146,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Fork Township have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in South Fork Township was $146,000 in April 2024, up 12.3% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $96.2K | N/A |
| 2 Bedrooms | $83.7K | $135K | +61.2% |
| 3 Bedrooms | $140.3K | $136.5K | -2.8% |
| 4 Bedrooms | $187.5K | $230K | +22.7% |
| 5+ Bedrooms | $185.9K | $543.7K | +192.4% |
Summary: South Fork 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 61.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 192.4%.
Median Sold Price Compared To Nearby Cities
| South Fork Township | $130K | $146K | +12.3% |
| Mexico | $140.3K | $146.9K | +4.6% |
Housing Supply in South Fork Township, MO
How many homes are available in South Fork Township, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The South Fork Township real estate market had 14 homes for sale in April 2024, a 6.7% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Fork 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 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Fork Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Fork Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Fork Township, MO
How long does it take to sell a home in South Fork Township, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 20 Days | -32.8% |
Summary: Homes in South Fork Township had an average of 20 days on market in Apr 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Fork Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in South Fork Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.