Is Spencer Creek Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Spencer Creek Township has remained a Seller's Market.
Housing Prices in Spencer Creek Township, MO
How much do homes in Spencer Creek Township, MO cost?
Median Sold Price
$283,512
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Spencer Creek Township was $283,512 in April 2024, up 5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.9K | $130K | 0.1% |
2 Bedrooms | $170K | $180K | +5.9% |
3 Bedrooms | $289K | $300K | +3.8% |
4 Bedrooms | $327.4K | $367.5K | +12.2% |
5+ Bedrooms | $319.5K | $435K | +36.2% |
Summary: Spencer Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Cities
Saint Peters Township | $285K | $315K | +10.5% |
Saint Charles | $290.2K | $318.6K | +9.8% |
Saint Peters | $279.9K | $299.6K | +7.0% |
Spencer Creek Township | $270K | $283.5K | +5.0% |
Zumbehl Township | $310K | $312.5K | +0.8% |
Housing Supply in Spencer Creek Township, MO
How many homes are available in Spencer Creek Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 62 | +24.0% |
Summary: The Spencer Creek Township real estate market had 62 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 19 | 15 | -21.1% |
3 Bedrooms | 24 | 32 | +33.3% |
4 Bedrooms | 6 | 13 | +116.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Spencer Creek 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 decreased by 21.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 20 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Spencer Creek Township in April 2024, up by 33.3% month-over-month. Of the 20 sold homes, 30% were sold under asking, 15% were sold at asking, and 55% were sold over asking.
Days on Market for Spencer Creek Township, MO
How long does it take to sell a home in Spencer Creek Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 12 Days | +41.0% |
Summary: Homes in Spencer Creek Township had an average of 12 days on market in Apr 2024, up by 41% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Spencer Creek Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.