Is Sunset Cove Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Cove Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sunset Cove Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sunset Cove Township, MO

How much do homes in Sunset Cove Township, MO cost?

Median Sold Price

$452,500

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$174,950(-27.9%)

Key Takeaway

Homes in Sunset Cove Township have sold for 27.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $259.9K$420K
+61.6%
3 -$317.2K
N/A
4 -$870K
N/A
5+ $995K$522.5K
-47.5%

Summary: Sunset Cove 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 61.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 47.5%.

Housing Supply in Sunset Cove Township, MO

How many homes are available in Sunset Cove Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1619+18.8%

Summary: The Sunset Cove Township real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 34
+33.3%
4 46
+50.0%
5+ 54
-20.0%

Summary: The Sunset Cove 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunset Cove Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sunset Cove Township in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Sunset Cove Township, MO

How long does it take to sell a home in Sunset Cove Township, MO?

Average Sale Time

Mar 2024Apr 2024CHANGE
42 Days153 Days+261.9%

Summary: Homes in Sunset Cove Township had an average of 153 days on market in Apr 2024, up by 261.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Sunset Cove Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 Sunset Cove Township, MO

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