Is Midland Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Midland Township has remained a Seller's Market.
Housing Prices in Midland Township, MO
How much do homes in Midland Township, MO cost?
Median Sold Price
$137,533
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Midland Township was $137,533 in May 2024, up 1.9% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66.3K | $62.5K | -5.8% |
2 Bedrooms | $116.5K | $125K | +7.3% |
3 Bedrooms | $155K | $157.2K | +1.5% |
4 Bedrooms | $180K | $170K | -5.6% |
5+ Bedrooms | $176.5K | $175K | -0.8% |
Summary: Midland Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in Midland Township, MO
How many homes are available in Midland Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 107 | +7.0% |
Summary: The Midland Township real estate market had 107 homes for sale in May 2024, a 7.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 26 | 36 | +38.5% |
3 Bedrooms | 54 | 55 | +1.9% |
4 Bedrooms | 16 | 12 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Midland Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 41 | +7.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Midland Township in May 2024, up by 7.9% month-over-month. Of the 40 sold homes, 35% were sold under asking, 13% were sold at asking, and 53% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 19 Days | -3.1% |
Summary: Homes in Midland Township had an average of 19 days on market in May 2024, down by 3.1% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Midland Township; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.