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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kings Prairie Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Kings Prairie Township has remained a Buyer's Market.

Key Takeaway

Kings Prairie Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kings Prairie Township, MO

How much do homes in Kings Prairie Township, MO cost?

Median Sold Price

$225,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$525,000(-70.0%)

Key Takeaway

Homes in Kings Prairie Township have sold for 70% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $750K-
N/A
3 -$225K
N/A
4 --
N/A
5+ --
N/A

Summary: Kings Prairie Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Verona
+544.7%
Kings Prairie Township
-70.0%

Housing Supply in Kings Prairie Township, MO

How many homes are available in Kings Prairie Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1310-23.1%

Summary: The Kings Prairie Township real estate market had 10 homes for sale in April 2024, a 23.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 97
-22.2%
4 22
0.0%
5+ 00
0.0%

Summary: The Kings Prairie 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 decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kings Prairie Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kings Prairie Township in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kings Prairie Township, MO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
134 Days90 Days-32.8%

Summary: Homes in Kings Prairie Township had an average of 90 days on market in Apr 2024, down by 32.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in Kings Prairie Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Kings Prairie Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 28 Days Ago

Newest Listings in Kings Prairie Township, MO

Nearby Markets to Kings Prairie Township, MO

What housing markets are near Kings Prairie Township, MO?