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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Joplin Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Joplin Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Joplin Township, MO

How much do homes in Joplin Township, MO cost?

Median Sold Price

$185,221

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,183(+5.8%)

Key Takeaway

Homes in Joplin Township have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Joplin Township was $185,221 in October 2024, up 5.8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $43K$71K
+65.1%
2 $105K$115.8K
+10.3%
3 $180K$194.1K
+7.8%
4 $289.9K$256K
-11.7%
5+ $370K$412K
+11.4%

Summary: Joplin Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.1%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Cities

Joplin
+8.1%
Duquesne
+7.7%
Joplin
+7.6%
Joplin Township
+5.8%
Duenweg
-5.2%

Housing Supply in Joplin Township, MO

How many homes are available in Joplin Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
473502+6.1%

Summary: The Joplin Township real estate market had 502 homes for sale in October 2024, a 6.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 910
+11.1%
2 9384
-9.7%
3 248275
+10.9%
4 9096
+6.7%
5+ 3337
+12.1%

Summary: The Joplin Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 12.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
119122+2.5%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Joplin Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 122 homes were sold or pending in Joplin Township in October 2024, up by 2.5% month-over-month. Of the 101 sold homes, 46% were sold under asking, 32% were sold at asking, and 23% were sold over asking.

Days on Market for Joplin Township, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days67 Days+1.2%

Summary: Homes in Joplin Township had an average of 67 days on market in Oct 2024, up by 1.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

73 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 122 homes were sold in Joplin Township; 8% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 15% 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 Joplin Township, MO

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