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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burdine Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Burdine Township, MO

How much do homes in Burdine Township, MO cost?

Median Sold Price

$125,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$30,150(-19.4%)

Key Takeaway

Homes in Burdine Township have sold for 19.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $75.8K$85K
+12.1%
3 $155.1K$121.5K
-21.7%
4 $269.9K$273.5K
+1.3%
5+ $385K-
N/A

Summary: Burdine Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cabool
-10.9%
Burdine Township
-19.4%

Housing Supply in Burdine Township, MO

How many homes are available in Burdine Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
20200.0%

Summary: The Burdine Township real estate market had 20 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 88
0.0%
4 67
+16.7%
5+ 44
0.0%

Summary: The Burdine Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burdine 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 Burdine Township in April 2024, up by 150.0% 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 Burdine Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days48 Days+357.5%

Summary: Homes in Burdine Township had an average of 48 days on market in Apr 2024, up by 357.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Burdine Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 Apr 1, 2024

Newest Listings in Burdine Township, MO

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