Is Three Creeks 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, Three Creeks Township has remained a Seller's Market.
Key Takeaway
Three Creeks Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Three Creeks Township, MO
How much do homes in Three Creeks Township, MO cost?
Median Sold Price
$329,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Three Creeks Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Three Creeks Township was $329,500 in May 2024, up 6.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121K | $215K | +77.7% |
| 3 Bedrooms | $304.4K | $311K | +2.2% |
| 4 Bedrooms | $450K | $455K | +1.1% |
| 5+ Bedrooms | $475K | $400K | -15.8% |
Summary: Three Creeks 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 77.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Cedar Township | $340K | $374.9K | +10.3% |
| Ashland | $310K | $338K | +9.0% |
| Three Creeks Township | $310K | $329.5K | +6.3% |
Housing Supply in Three Creeks Township, MO
How many homes are available in Three Creeks Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 25 | -26.5% |
Summary: The Three Creeks Township real estate market had 25 homes for sale in May 2024, a 26.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Three Creeks 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 decreased by 100%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 5 | -64.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Three Creeks Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Three Creeks Township in May 2024, down by 64.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Three Creeks Township, MO
How long does it take to sell a home in Three Creeks Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 72 Days | 29 Days | -60.0% |
Summary: Homes in Three Creeks Township had an average of 29 days on market in May 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Three Creeks Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Three Creeks Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
