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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neosho Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Neosho Township, MO

How much do homes in Neosho Township, MO cost?

Median Sold Price

$210,500

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,083(+13.5%)

Key Takeaway

Homes in Neosho Township have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Neosho Township was $210,500 in November 2024, up 13.5% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $69K$200K
+189.9%
2 $124.5K$125K
0.4%
3 $186K$203.9K
+9.7%
4 $271.2K$265.7K
-2.0%
5+ $280K$372.5K
+33.0%

Summary: Neosho Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 189.9%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 33%.

Median Sold Price Compared To Nearby Cities

Granby Township
+20.0%
Neosho
+14.3%
Neosho Township
+13.5%

Housing Supply in Neosho Township, MO

How many homes are available in Neosho Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
144133-7.6%

Summary: The Neosho Township real estate market had 133 homes for sale in November 2024, a 7.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1613
-18.8%
3 8375
-9.6%
4 3031
+3.3%
5+ 1413
-7.1%

Summary: The Neosho 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 18.8%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2831+10.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neosho Township, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Neosho Township in November 2024, up by 10.7% month-over-month. Of the 20 sold homes, 45% were sold under asking, 40% were sold at asking, and 15% were sold over asking.

Days on Market for Neosho Township, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days65 Days+5.6%

Summary: Homes in Neosho Township had an average of 65 days on market in Nov 2024, up by 5.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 31 homes were sold in Neosho Township; 16% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in Neosho Township, MO

Nearby Markets to Neosho Township, MO

What housing markets are near Neosho Township, MO?