Is Sunset Cove Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Cove Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sunset Cove Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sunset Cove Township, MO

How much do homes in Sunset Cove Township, MO cost?

Median Sold Price

$255,900

-

Based on all homes sold in May 2024.

Difference Since Last Month

-$196,600(-43.4%)

Key Takeaway

Homes in Sunset Cove Township have sold for 43.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $420K$255.9K
-39.1%
3 $317.2K-
N/A
4 $870K-
N/A
5+ $522.5K-
N/A

Summary: Sunset Cove Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sunset Cove Township, MO

How many homes are available in Sunset Cove Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1916-15.8%

Summary: The Sunset Cove Township real estate market had 16 homes for sale in May 2024, a 15.8% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 43
-25.0%
4 64
-33.3%
5+ 43
-25.0%

Summary: The Sunset Cove 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 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunset Cove Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sunset Cove Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Sunset Cove Township, MO

How long does it take to sell a home in Sunset Cove Township, MO?

Average Sale Time

Apr 2024May 2024CHANGE
153 Days6 Days-95.7%

Summary: Homes in Sunset Cove Township had an average of 6 days on market in May 2024, down by 95.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Sunset Cove Township; 100% of homes were sold within 30 days, 0% 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 Sunset Cove Township, MO

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