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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cass Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Cass Township, MO

How much do homes in Cass Township, MO cost?

Median Sold Price

$410,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$40,000(-8.9%)

Key Takeaway

Homes in Cass Township have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in Cass Township was $410,000 in May 2024, down 8.9% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $80K$167.5K
+109.4%
3 $440K$315K
-28.4%
4 $380K$529.9K
+39.5%
5+ $618K$467.7K
-24.3%

Summary: Cass 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 109.4%, 3 bedroom homes decreased by 28.4%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes decreased by 24.3%.

Median Sold Price Compared To Nearby Cities

Lincoln Township
+3.3%
Rosedale Township
-1.2%
Cass Township
-8.9%
North Galloway Township
-15.1%

Housing Supply in Cass Township, MO

How many homes are available in Cass Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
107-30.0%

Summary: The Cass Township real estate market had 7 homes for sale in May 2024, a 30.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 53
-40.0%
5+ 33
0.0%

Summary: The Cass 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 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 Cass Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Cass Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Cass Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
38 Days17 Days-55.3%

Summary: Homes in Cass Township had an average of 17 days on market in May 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Cass Township; 50% of homes were sold within 30 days, 50% 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 Cass Township, MO

Nearby Markets to Cass Township, MO

What housing markets are near Cass Township, MO?