Is Washington 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, Washington Township has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $800K | +1233.3% |
2 Bedrooms | $200K | $196.5K | -1.8% |
3 Bedrooms | $145.2K | $255K | +75.6% |
4 Bedrooms | $324.9K | $480K | +47.7% |
5+ Bedrooms | $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 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 103 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 15 | 21 | +40.0% |
3 Bedrooms | 51 | 52 | +2.0% |
4 Bedrooms | 26 | 23 | -11.5% |
5+ Bedrooms | 4 | 6 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 28 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 54 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
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.