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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roaring River Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Roaring River Township was a Seller's Market.

Key Takeaway

Roaring River Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Roaring River Township, MO

How much do homes in Roaring River Township, MO cost?

Median Sold Price

$279,000

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$25,000(+9.8%)

Key Takeaway

Homes in Roaring River Township have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Roaring River Township was $279,000 in May 2024, up 9.8% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $162.5K$210K
+29.2%
2 $189.9K$175K
-7.9%
3 $394.5K$279K
-29.3%
4 $407.5K$868.3K
+113.1%
5+ $500K$478K
-4.4%

Summary: Roaring River Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 29.3%, 4 bedroom homes increased by 113.1%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+14.5%
Roaring River Township
+9.8%
Eagle Rock
-14.2%
White River Township
-16.3%

Housing Supply in Roaring River Township, MO

How many homes are available in Roaring River Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1314+7.7%

Summary: The Roaring River Township real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 108
-20.0%
4 11
0.0%
5+ 02
+100.0%

Summary: The Roaring River 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Roaring River Township in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Roaring River Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
94 Days94 Days-0.4%

Summary: Homes in Roaring River Township had an average of 94 days on market in May 2024, down by 0.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Roaring River Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Roaring River Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Roaring River Township, MO

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