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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Prairie Home Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Prairie Home Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Prairie Home Township, MO

How much do homes in Prairie Home Township, MO cost?

Median Sold Price

$240,000

$127/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$160,000(-40.0%)

Key Takeaway

Homes in Prairie Home Township have sold for 40% less than they did a month ago.

Summary: The median home sold price in Prairie Home Township was $240,000 in November 2024, down 40% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $400K-
N/A
3 -$240K
N/A
4 --
N/A
5+ --
N/A

Summary: Prairie Home 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Prairie Home Township
-40.0%
Prairie Home
-40.0%

Housing Supply in Prairie Home Township, MO

How many homes are available in Prairie Home Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Prairie Home Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Prairie Home 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Prairie Home Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Prairie Home Township in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Prairie Home Township, MO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
221 Days100 Days-54.8%

Summary: Homes in Prairie Home Township had an average of 100 days on market in Nov 2024, down by 54.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in Prairie Home Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Prairie Home Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Prairie Home Township, MO

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