Is University 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, University Township has remained a Seller's Market.
Housing Prices in University Township, MO
How much do homes in University Township, MO cost?
Median Sold Price
$157,281
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in University Township was $157,281 in April 2024, down 10.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35K | $47.5K | +35.7% |
2 Bedrooms | $114.9K | $102K | -11.3% |
3 Bedrooms | $227.7K | $248.9K | +9.3% |
4 Bedrooms | $377K | $285K | -24.4% |
5+ Bedrooms | $875K | $315K | -64.0% |
Summary: University Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 24.4%, and 5+ bedroom homes decreased by 64%.
Median Sold Price Compared To Nearby Cities
Pagedale | $51K | $53.5K | +4.9% |
University City | $339.5K | $315K | -7.2% |
University Township | $175K | $157.2K | -10.1% |
Hanley Hills | $107.5K | $65.5K | -39.1% |
Housing Supply in University Township, MO
How many homes are available in University Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
126 | 125 | -0.8% |
Summary: The University Township real estate market had 125 homes for sale in April 2024, a 0.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 61 | 59 | -3.3% |
3 Bedrooms | 46 | 46 | 0.0% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The University 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 3.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 29 | -32.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in University Township in April 2024, down by 32.6% month-over-month. Of the 29 sold homes, 48% were sold under asking, 21% were sold at asking, and 31% were sold over asking.
Days on Market for University Township, MO
How long does it take to sell a home in University Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 48 Days | +49.9% |
Summary: Homes in University Township had an average of 48 days on market in Apr 2024, up by 49.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in University Township; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.