$1,247 Closing Credit*
$105,000
2 Beds
•1 Full Bath
Listing Office: EXP Realty, LLC
Is Northwoods, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Northwoods was a Seller's Market.
Key Takeaway
Northwoods is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northwoods, MO
How much do homes in Northwoods, MO cost?
Median Sold Price
$75,000
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,750(-4.8%)
Key Takeaway
Homes in Northwoods have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Northwoods was $75,000 in October 2024, down 4.8% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $66.7K | $53K | -20.5% |
| 3 Bedrooms | $80K | $141.7K | +77.2% |
| 4 Bedrooms | $135K | $105K | -22.2% |
| 5+ Bedrooms | $153.6K | $185K | +20.4% |
Summary: Northwoods housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 77.2%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Cities
| Pine Lawn | $49K | $50K | +2.0% |
| Normandy Township | $69.2K | $67.8K | -2.0% |
| Northwoods | $78.7K | $75K | -4.8% |
Housing Supply in Northwoods, MO
How many homes are available in Northwoods, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Northwoods real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northwoods housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Northwoods, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Northwoods in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Northwoods, MO
How long does it take to sell a home in Northwoods, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 70 Days | +172.7% |
Summary: Homes in Northwoods had an average of 70 days on market in Oct 2024, up by 172.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northwoods are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Northwoods; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.