Is Saint Ferdinand Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Ferdinand Township has remained a Seller's Market.
Key Takeaway
Saint Ferdinand Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Ferdinand Township, MO
How much do homes in Saint Ferdinand Township, MO cost?
Median Sold Price
$77,734
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Ferdinand Township have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Saint Ferdinand Township was $77,734 in May 2024, down 9.5% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $19.5K | - | N/A |
| 2 Bedrooms | $70.5K | $69.4K | -1.5% |
| 3 Bedrooms | $89K | $77.6K | -12.8% |
| 4 Bedrooms | $136.7K | $111.2K | -18.6% |
| 5+ Bedrooms | $133.3K | $107.5K | -19.4% |
Summary: Saint Ferdinand 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 decreased by 1.5%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Riverview | $45.7K | $52K | +13.7% |
| Bellefontaine Neighbors | $95K | $88.9K | -6.4% |
| Spanish Lake Township | $195.2K | $177K | -9.4% |
| Saint Ferdinand Township | $85.8K | $77.7K | -9.5% |
Housing Supply in Saint Ferdinand Township, MO
How many homes are available in Saint Ferdinand Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 175 | 162 | -7.4% |
Summary: The Saint Ferdinand Township real estate market had 162 homes for sale in May 2024, a 7.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 39 | 41 | +5.1% |
| 3 Bedrooms | 116 | 102 | -12.1% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Saint Ferdinand Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 44 | -22.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Ferdinand Township, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Saint Ferdinand Township in May 2024, down by 22.8% month-over-month. Of the 44 sold homes, 59% were sold under asking, 5% were sold at asking, and 36% were sold over asking.
Days on Market for Saint Ferdinand Township, MO
How long does it take to sell a home in Saint Ferdinand Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 44 Days | +70.6% |
Summary: Homes in Saint Ferdinand Township had an average of 44 days on market in May 2024, up by 70.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Ferdinand Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 44 homes were sold in Saint Ferdinand Township; 59% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.