$1,186 Closing Credit*
$99,900
824 SqFt
2 Beds
•1 Full Bath
Listing Office: Exit Elite Realty
Is Lemay 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, Lemay Township has remained a Seller's Market.
Key Takeaway
Lemay Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lemay Township, MO
How much do homes in Lemay Township, MO cost?
Median Sold Price
$198,937
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,937(+10.5%)
Key Takeaway
Homes in Lemay Township have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Lemay Township was $198,937 in November 2024, up 10.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $77K | +2.7% |
| 2 Bedrooms | $160K | $162K | +1.3% |
| 3 Bedrooms | $225.5K | $235K | +4.2% |
| 4 Bedrooms | $246K | $265K | +7.7% |
| 5+ Bedrooms | $106.5K | $270K | +153.5% |
Summary: Lemay Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 153.5%.
Median Sold Price Compared To Nearby Cities
| Lemay Township | $180K | $198.9K | +10.5% |
| Concord Township | $234.8K | $254.8K | +8.5% |
| Green Park | $247K | $257.1K | +4.1% |
| Saint George | $141K | $135K | -4.3% |
Housing Supply in Lemay Township, MO
How many homes are available in Lemay Township, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 174 | 151 | -13.2% |
Summary: The Lemay Township real estate market had 151 homes for sale in November 2024, a 13.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 83 | 78 | -6.0% |
| 3 Bedrooms | 68 | 53 | -22.1% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Lemay 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 decreased by 6%, 3 bedroom homes decreased by 22.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 38 | -37.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lemay Township, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Lemay Township in November 2024, down by 37.7% month-over-month. Of the 38 sold homes, 53% were sold under asking, 11% were sold at asking, and 37% were sold over asking.
Days on Market for Lemay Township, MO
How long does it take to sell a home in Lemay Township, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 32 Days | +71.0% |
Summary: Homes in Lemay Township had an average of 32 days on market in Nov 2024, up by 71% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lemay Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 38 homes were sold in Lemay Township; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.