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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monett Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Monett Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Monett Township, MO

How much do homes in Monett Township, MO cost?

Median Sold Price

$282,500

$143/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$57,500(+25.6%)

Key Takeaway

Homes in Monett Township have sold for 25.6% more than they did a month ago.

Summary: The median home sold price in Monett Township was $282,500 in November 2024, up 25.6% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $249.5K-
N/A
2 $179K-
N/A
3 $225K$282.5K
+25.6%
4 --
N/A
5+ --
N/A

Summary: Monett Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Monett Township
+25.6%
Monett
+25.6%
Pierce Township
+2.2%

Housing Supply in Monett Township, MO

How many homes are available in Monett Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6864-5.9%

Summary: The Monett Township real estate market had 64 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 41
-75.0%
3 4040
0.0%
4 1514
-6.7%
5+ 56
+20.0%

Summary: The Monett Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 75%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monett Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Monett Township in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Monett Township, MO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
94 Days135 Days+43.2%

Summary: Homes in Monett Township had an average of 135 days on market in Nov 2024, up by 43.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Monett Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Monett Township; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% 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 2 Days Ago

Newest Listings in Monett Township, MO

Nearby Markets to Monett Township, MO

What housing markets are near Monett Township, MO?