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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piney Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Piney Township was a Seller's Market.

Key Takeaway

Piney Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Piney Township, MO

How much do homes in Piney Township, MO cost?

Median Sold Price

$155,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$4,000(+2.6%)

Key Takeaway

Homes in Piney Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Piney Township was $155,000 in May 2024, up 2.6% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $189.9K-
N/A
2 $87K$139.9K
+60.8%
3 $163K$144K
-11.7%
4 $175K$290K
+65.7%
5+ $308.9K$247.4K
-19.9%

Summary: Piney 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 60.8%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 65.7%, and 5+ bedroom homes decreased by 19.9%.

Median Sold Price Compared To Nearby Cities

Houston
+3.3%
Piney Township
+2.6%

Housing Supply in Piney Township, MO

How many homes are available in Piney Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35350.0%

Summary: The Piney Township real estate market had 35 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 2425
+4.2%
4 78
+14.3%
5+ 00
0.0%

Summary: The Piney Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piney Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Piney Township in May 2024, down by 58.3% 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 Piney Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
87 Days97 Days+11.1%

Summary: Homes in Piney Township had an average of 97 days on market in May 2024, up by 11.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Piney Township has remained consistent over time.

Summary: During May 2024, 5 homes were sold in Piney Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 Piney Township, MO

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