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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Finley Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in West Finley Township, MO

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

Median Sold Price

$287,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,500(+0.9%)

Key Takeaway

Homes in West Finley Township have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in West Finley Township was $287,500 in May 2024, up 0.9% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $175K$190K
+8.6%
3 $250K$262.4K
+5.0%
4 $308.8K$275K
-11.0%
5+ $420.9K$390K
-7.4%

Summary: West 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 increased by 8.6%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Cities

East Finley Township
+7.0%
Garden Grove Township
+3.9%
West Finley Township
+0.9%
Ozark
0.5%
North Galloway Township
-15.1%

Housing Supply in West Finley Township, MO

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
46460.0%

Summary: The West Finley Township real estate market had 46 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 40
-100.0%
3 1719
+11.8%
4 1517
+13.3%
5+ 1010
0.0%

Summary: The West 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 decreased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Finley Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in West Finley Township in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.

Days on Market for West Finley Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
32 Days27 Days-15.7%

Summary: Homes in West Finley Township had an average of 27 days on market in May 2024, down by 15.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 10 homes were sold in West Finley Township; 70% of homes were sold within 30 days, 30% 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 West Finley Township, MO

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