Is Rivers Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rivers Township has remained a Seller's Market.
Housing Prices in Rivers Township, MO
How much do homes in Rivers Township, MO cost?
Median Sold Price
$329,950
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rivers Township was $329,950 in May 2024, up 10.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100.7K | $185K | +83.6% |
2 Bedrooms | $220K | $248.4K | +12.9% |
3 Bedrooms | $299.9K | $327K | +9.0% |
4 Bedrooms | $381K | $403K | +5.8% |
5+ Bedrooms | $310K | $565K | +82.3% |
Summary: Rivers Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.6%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 82.3%.
Median Sold Price Compared To Nearby Cities
Lindenwood Township | $259K | $299.1K | +15.5% |
Rivers Township | $298.1K | $329.9K | +10.7% |
Saint Charles | $290.5K | $320K | +10.1% |
Housing Supply in Rivers Township, MO
How many homes are available in Rivers Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
113 | 131 | +15.9% |
Summary: The Rivers Township real estate market had 131 homes for sale in May 2024, a 15.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 22 | +22.2% |
3 Bedrooms | 67 | 67 | 0.0% |
4 Bedrooms | 26 | 40 | +53.8% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rivers 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 increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Rivers Township in May 2024, up by 7.7% month-over-month. Of the 42 sold homes, 33% were sold under asking, 24% were sold at asking, and 43% were sold over asking.
Days on Market for Rivers Township, MO
How long does it take to sell a home in Rivers Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 20 Days | +83.8% |
Summary: Homes in Rivers Township had an average of 20 days on market in May 2024, up by 83.8% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in Rivers Township; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.