$2,611 Closing Credit*
$219,900
3 Beds
•2 Full Baths
Listing Office: Three Doors LLC
Is Northwest 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, Northwest Township has remained a Seller's Market.
Key Takeaway
Northwest Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwest Township, MO
How much do homes in Northwest Township, MO cost?
Median Sold Price
$216,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,000(+5.4%)
Key Takeaway
Homes in Northwest Township have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Northwest Township was $216,000 in November 2024, up 5.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | $55.5K | -2.6% |
| 2 Bedrooms | $162.7K | $162.4K | -0.2% |
| 3 Bedrooms | $205K | $215K | +4.9% |
| 4 Bedrooms | $275K | $270K | -1.8% |
| 5+ Bedrooms | $285K | $402K | +41.1% |
Summary: Northwest Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Cities
| Airport Township | $132.1K | $144.8K | +9.6% |
| Bridgeton | $247.8K | $265K | +6.9% |
| Northwest Township | $205K | $216K | +5.4% |
| Hazelwood | $160K | $160K | 0.0% |
Housing Supply in Northwest Township, MO
How many homes are available in Northwest Township, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 86 | -7.5% |
Summary: The Northwest Township real estate market had 86 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 62 | 58 | -6.5% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northwest 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 10.5%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Northwest Township in November 2024, down by 9.7% month-over-month. Of the 28 sold homes, 25% were sold under asking, 32% were sold at asking, and 43% were sold over asking.
Days on Market for Northwest Township, MO
How long does it take to sell a home in Northwest Township, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 15 Days | -44.3% |
Summary: Homes in Northwest Township had an average of 15 days on market in Nov 2024, down by 44.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwest Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in Northwest Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.