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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Finley Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in East Finley Township, MO

How much do homes in East Finley Township, MO cost?

Median Sold Price

$275,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$18,000(+7.0%)

Key Takeaway

Homes in East Finley Township have sold for 7% more than they did a year ago.

Summary: The median home sold price in East Finley Township was $275,000 in May 2024, up 7% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $163K$132.5K
-18.7%
3 $238K$248K
+4.2%
4 $322.4K$340K
+5.4%
5+ $405K$373.7K
-7.7%

Summary: East Finley 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 decreased by 18.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Cities

McCracken Township
+14.0%
East Finley Township
+7.0%
West Finley Township
+0.9%
Ozark
0.5%
North Galloway Township
-15.1%

Housing Supply in East Finley Township, MO

How many homes are available in East Finley Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3130-3.2%

Summary: The East Finley Township real estate market had 30 homes for sale in May 2024, a 3.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1815
-16.7%
4 68
+33.3%
5+ 44
0.0%

Summary: The East Finley Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 12 homes were sold or pending in East Finley Township in May 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for East Finley Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
25 Days12 Days-51.7%

Summary: Homes in East Finley Township had an average of 12 days on market in May 2024, down by 51.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 12 homes were sold in East Finley Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 East Finley Township, MO

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