$2,553 Closing Credit*
$215,000
1,056 SqFt
3 Beds
•1 Full Bath
Izzy Smith, Listing Office: RE/MAX Boone Realty
Is Cedar Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cedar Township has remained a Seller's Market.
Key Takeaway
Cedar Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedar Township, MO
How much do homes in Cedar Township, MO cost?
Median Sold Price
$410,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+13.9%)
Key Takeaway
Homes in Cedar Township have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Cedar Township was $410,000 in November 2024, up 13.9% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | - | $122.5K | N/A |
| 3 Bedrooms | $301.2K | $332.2K | +10.3% |
| 4 Bedrooms | $430K | $499.2K | +16.1% |
| 5+ Bedrooms | $593.9K | $590K | -0.7% |
Summary: Cedar Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Ashland | $321.5K | $375K | +16.6% |
| Cedar Township | $360K | $410K | +13.9% |
| Three Creeks Township | $321.2K | $350K | +9.0% |
Housing Supply in Cedar Township, MO
How many homes are available in Cedar Township, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The Cedar Township real estate market had 31 homes for sale in November 2024, a 24.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cedar Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Cedar Township in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Cedar Township, MO
How long does it take to sell a home in Cedar Township, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 66 Days | +26.1% |
Summary: Homes in Cedar Township had an average of 66 days on market in Nov 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedar Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Cedar Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
