Is Joplin 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, Joplin Township has remained a Seller's Market.
Housing Prices in Joplin Township, MO
How much do homes in Joplin Township, MO cost?
Median Sold Price
$179,727
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Joplin Township was $179,727 in May 2024, up 5.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46.2K | $55K | +19.0% |
2 Bedrooms | $95K | $110K | +15.8% |
3 Bedrooms | $175K | $185K | +5.7% |
4 Bedrooms | $277.2K | $278.6K | 0.5% |
5+ Bedrooms | $350K | $397.3K | +13.5% |
Summary: Joplin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 13.5%.
Housing Supply in Joplin Township, MO
How many homes are available in Joplin Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
443 | 475 | +7.2% |
Summary: The Joplin Township real estate market had 475 homes for sale in May 2024, a 7.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 102 | 103 | +1.0% |
3 Bedrooms | 228 | 244 | +7.0% |
4 Bedrooms | 73 | 83 | +13.7% |
5+ Bedrooms | 35 | 38 | +8.6% |
Summary: The Joplin Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 104 | -3.7% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 104 homes were sold or pending in Joplin Township in May 2024, down by 3.7% month-over-month. Of the 103 sold homes, 33% were sold under asking, 31% were sold at asking, and 36% were sold over asking.
Days on Market for Joplin Township, MO
How long does it take to sell a home in Joplin Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 55 Days | -10.8% |
Summary: Homes in Joplin Township had an average of 55 days on market in May 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
62 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During May 2024, 104 homes were sold in Joplin Township; 25% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.