Is Ruth C Rural Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ruth C Rural Township was a Seller's Market.
Housing Prices in Ruth C Rural Township, MO
How much do homes in Ruth C Rural Township, MO cost?
Median Sold Price
$285,000
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121.6K | $71.7K | -41.0% |
2 Bedrooms | $280K | $272.5K | -2.7% |
3 Bedrooms | $487.5K | $365K | -25.1% |
4 Bedrooms | $584.5K | $430K | -26.4% |
5+ Bedrooms | $786.2K | $814.5K | +3.6% |
Summary: Ruth C Rural Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 25.1%, 4 bedroom homes decreased by 26.4%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Ruth C Township | $359.9K | $405K | +12.5% |
Ruth C Rural Township | $310K | $285K | -8.1% |
Indian Point | $310K | $285K | -8.1% |
Pine A Township | $322.5K | $290.3K | -10.0% |
Housing Supply in Ruth C Rural Township, MO
How many homes are available in Ruth C Rural Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 50 | +11.1% |
Summary: The Ruth C Rural Township real estate market had 50 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 6 | +200.0% |
2 Bedrooms | 31 | 29 | -6.5% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Ruth C Rural Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Ruth C Rural Township in May 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Ruth C Rural Township, MO
How long does it take to sell a home in Ruth C Rural Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 68 Days | +195.7% |
Summary: Homes in Ruth C Rural Township had an average of 68 days on market in May 2024, up by 195.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Ruth C Rural Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.