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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Cedar Township was a Seller's Market.

Key Takeaway

Cedar 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 Cedar Township, MO

How much do homes in Cedar Township, MO cost?

Median Sold Price

$210,950

$196/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$5,450(+2.7%)

Key Takeaway

Homes in Cedar Township have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Cedar Township was $210,950 in October 2024, up 2.7% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$212K
N/A
3 $205.5K$209.9K
+2.1%
4 --
N/A
5+ --
N/A

Summary: Cedar Township housing prices by bedroom type for October 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 2.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Township
+2.7%
New Bloomfield
-8.7%

Housing Supply in Cedar Township, MO

How many homes are available in Cedar Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The Cedar Township real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 87
-12.5%
4 13
+200.0%
5+ 00
0.0%

Summary: The Cedar Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Cedar Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cedar Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
25 Days18 Days-28.2%

Summary: Homes in Cedar Township had an average of 18 days on market in Oct 2024, down by 28.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Cedar Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Cedar Township; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Cedar Township, MO

Nearby Markets to Cedar Township, MO

What housing markets are near Cedar Township, MO?