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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Ozark Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, West Ozark Township was a Neutral Market.

Key Takeaway

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

Housing Prices in West Ozark Township, MO

How much do homes in West Ozark Township, MO cost?

Median Sold Price

$315,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,000(+5.0%)

Key Takeaway

Homes in West Ozark Township have sold for 5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$175K
N/A
2 $212.5K$275K
+29.4%
3 $269.9K$250K
-7.4%
4 $400K$470K
+17.5%
5+ $365K$450K
+23.3%

Summary: West Ozark Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 23.3%.

Median Sold Price Compared To Nearby Cities

Grant Township
+10.0%
Marshfield
+8.9%
Marshfield Township
+8.9%
West Ozark Township
+5.0%

Housing Supply in West Ozark Township, MO

How many homes are available in West Ozark Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
78+14.3%

Summary: The West Ozark Township real estate market had 8 homes for sale in May 2024, a 14.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 34
+33.3%
4 34
+33.3%
5+ 00
0.0%

Summary: The West Ozark Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Ozark Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in West Ozark Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for West Ozark Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
133 Days51 Days-61.7%

Summary: Homes in West Ozark Township had an average of 51 days on market in May 2024, down by 61.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in West Ozark Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

Newest Listings in West Ozark Township, MO

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What housing markets are near West Ozark Township, MO?