$926 Closing Credit*
$78,000
4 Beds
•2 Full Baths
Listing Office: Compass Realty Group
Is Midland Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Midland Township has remained a Seller's Market.
Key Takeaway
Midland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midland Township, MO
How much do homes in Midland Township, MO cost?
Median Sold Price
$150,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,916(+15.3%)
Key Takeaway
Homes in Midland Township have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Midland Township was $150,000 in October 2024, up 15.3% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.5K | $66.5K | +56.5% |
| 2 Bedrooms | $110.7K | $130K | +17.4% |
| 3 Bedrooms | $150K | $168.4K | +12.3% |
| 4 Bedrooms | $172.5K | $185.5K | +7.5% |
| 5+ Bedrooms | $176.5K | $132K | -25.2% |
Summary: Midland Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.5%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 25.2%.
Housing Supply in Midland Township, MO
How many homes are available in Midland Township, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 109 | +7.9% |
Summary: The Midland Township real estate market had 109 homes for sale in October 2024, a 7.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 45 | 48 | +6.7% |
| 3 Bedrooms | 44 | 45 | +2.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Midland Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midland Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Midland Township in October 2024, up by 11.8% month-over-month. Of the 38 sold homes, 34% were sold under asking, 16% were sold at asking, and 50% were sold over asking.
Days on Market for Midland Township, MO
How long does it take to sell a home in Midland Township, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 26 Days | +89.8% |
Summary: Homes in Midland Township had an average of 26 days on market in Oct 2024, up by 89.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midland Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in Midland Township; 66% of homes were sold within 30 days, 24% 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.