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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing City Township is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, City Township has remained a Buyer's Market.

Key Takeaway

City Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in City Township, MO

How much do homes in City Township, MO cost?

Median Sold Price

$145,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,750(+4.9%)

Key Takeaway

Homes in City Township have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in City Township was $145,000 in November 2024, up 4.9% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $72.5K$129K
+77.9%
3 $145K$173.4K
+19.6%
4 $184K$148K
-19.6%
5+ -$179.5K
N/A

Summary: City 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 increased by 77.9%, 3 bedroom homes increased by 19.6%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lamar
+10.0%
Lamar Township
+10.0%
City Township
+4.9%

Housing Supply in City Township, MO

How many homes are available in City Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The City Township real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 1615
-6.3%
4 22
0.0%
5+ 43
-25.0%

Summary: The City 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 increased by 200%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 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 City Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in City Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for City Township, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
109 Days31 Days-71.6%

Summary: Homes in City Township had an average of 31 days on market in Nov 2024, down by 71.6% compared to last year.

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 City Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in City Township; 0% 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 17 Days Ago

Newest Listings in City Township, MO

Nearby Markets to City Township, MO