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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Blue Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blue Township, MO

How much do homes in Blue Township, MO cost?

Median Sold Price

$270,000

$109/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$70,000(+35.0%)

Key Takeaway

Homes in Blue Township have sold for 35% more than they did a month ago.

Summary: The median home sold price in Blue Township was $270,000 in November 2024, up 35% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $200K$270K
+35.0%
4 --
N/A
5+ --
N/A

Summary: Blue Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 35%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blue Township
+35.0%
Independence
+35.0%

Housing Supply in Blue Township, MO

How many homes are available in Blue Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
690710+2.9%

Summary: The Blue Township real estate market had 710 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 168172
+2.4%
3 382397
+3.9%
4 119119
0.0%
5+ 2022
+10.0%

Summary: The Blue Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
160138-13.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 138 homes were sold or pending in Blue Township in November 2024, down by 13.8% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Blue Township, MO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
97 Days46 Days-52.6%

Summary: Homes in Blue Township had an average of 46 days on market in Nov 2024, down by 52.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

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

Summary: During November 2024, 138 homes were sold in Blue Township; 0% of homes were sold within 30 days, 1% 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 17 Days Ago

Newest Listings in Blue Township, MO

Nearby Markets to Blue Township, MO

What housing markets are near Blue Township, MO?