Is Union Chapel Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Chapel Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Union Chapel Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Union Chapel Township, MO

How much do homes in Union Chapel Township, MO cost?

Median Sold Price

$336,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,000(+3.4%)

Key Takeaway

Homes in Union Chapel Township have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Union Chapel Township was $336,000 in April 2024, up 3.4% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $268K$222K
-17.2%
3 $277K$285K
+2.9%
4 $394.9K$420K
+6.3%
5+ $467.4K$430K
-8.0%

Summary: Union Chapel 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 decreased by 17.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 8%.

Median Sold Price Compared To Nearby Cities

Wilson C Township
+15.3%
Wilson CW Township
+9.4%
Union Chapel Township
+3.4%
Battlefield B Township
-3.0%
Battlefield A Township
-4.5%

Housing Supply in Union Chapel Township, MO

How many homes are available in Union Chapel Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3540+14.3%

Summary: The Union Chapel Township real estate market had 40 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1719
+11.8%
4 811
+37.5%
5+ 108
-20.0%

Summary: The Union Chapel 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 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Chapel Township, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Union Chapel Township in April 2024, up by 62.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.

Days on Market for Union Chapel Township, MO

How long does it take to sell a home in Union Chapel Township, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days31 Days+50.3%

Summary: Homes in Union Chapel Township had an average of 31 days on market in Apr 2024, up by 50.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 13 homes were sold in Union Chapel Township; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

Newest Listings in Union Chapel Township, MO

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