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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Washington Township, MO

How much do homes in Washington Township, MO cost?

Median Sold Price

$244,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,500(+4.9%)

Key Takeaway

Homes in Washington Township have sold for 4.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $60K$800K
+1233.3%
2 $200K$196.5K
-1.8%
3 $145.2K$255K
+75.6%
4 $324.9K$480K
+47.7%
5+ $284K-
N/A

Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1233.3%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 75.6%, 4 bedroom homes increased by 47.7%, and 5+ bedroom homes did not change.

Housing Supply in Washington Township, MO

How many homes are available in Washington Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98103+5.1%

Summary: The Washington Township real estate market had 103 homes for sale in April 2024, a 5.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 1521
+40.0%
3 5152
+2.0%
4 2623
-11.5%
5+ 46
+50.0%

Summary: The Washington Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2028+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Washington Township in April 2024, up by 40.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Washington Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
72 Days54 Days-25.3%

Summary: Homes in Washington Township had an average of 54 days on market in Apr 2024, down by 25.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 28 homes were sold in Washington Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 Washington Township, MO

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What housing markets are near Washington Township, MO?