Is Southeast Marion Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Marion Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Southeast Marion Township has remained a Seller's Market.

Key Takeaway

Southeast Marion Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Southeast Marion Township, MO

How much do homes in Southeast Marion Township, MO cost?

Median Sold Price

$207,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,000(+10.1%)

Key Takeaway

Homes in Southeast Marion Township have sold for 10.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $126.5K$152.5K
+20.6%
3 $191K$210K
+9.9%
4 $250.9K$279.9K
+11.5%
5+ $395K$260.7K
-34.0%

Summary: Southeast Marion 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 20.6%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 34%.

Median Sold Price Compared To Nearby Cities

Southwest Marion Township
+12.8%
Southeast Marion Township
+10.1%
Bolivar
+9.2%
Northeast Marion Township
+4.4%

Housing Supply in Southeast Marion Township, MO

How many homes are available in Southeast Marion Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1214+16.7%

Summary: The Southeast Marion Township real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 68
+33.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Southeast Marion 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 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Marion Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Southeast Marion Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Southeast Marion Township, MO

How long does it take to sell a home in Southeast Marion Township, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days14 Days-74.5%

Summary: Homes in Southeast Marion Township had an average of 14 days on market in Apr 2024, down by 74.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Southeast Marion Township; 75% of homes were sold within 30 days, 25% 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 Southeast Marion Township, MO

Nearby Markets to Southeast Marion Township, MO

What housing markets are near Southeast Marion Township, MO?