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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth A Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Ruth A Township, MO

How much do homes in Ruth A Township, MO cost?

Median Sold Price

$300,000

-

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in Ruth A Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $235.5K$257.4K
+9.3%
2 $342.3K$183.5K
-46.4%
3 $270K$295.9K
+9.6%
4 $395K$384.9K
-2.5%
5+ $675K$686.5K
+1.7%

Summary: Ruth A Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 46.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Ruth C Township
+12.5%
Reeds Spring
+9.5%
Ruth B Rural Township
+1.6%
Ruth A Township
0.0%
Branson West
-51.0%

Housing Supply in Ruth A Township, MO

How many homes are available in Ruth A Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4045+12.5%

Summary: The Ruth A Township real estate market had 45 homes for sale in May 2024, a 12.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 2122
+4.8%
4 46
+50.0%
5+ 1110
-9.1%

Summary: The Ruth A 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 100%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruth A Township, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Ruth A Township in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.

Days on Market for Ruth A Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
95 Days86 Days-9.5%

Summary: Homes in Ruth A Township had an average of 86 days on market in May 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Ruth A Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 10 Days Ago

Newest Listings in Ruth A Township, MO

Nearby Markets to Ruth A Township, MO

What housing markets are near Ruth A Township, MO?