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 neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Prairie Home Township was a Seller's Market.

Key Takeaway

Prairie Home Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Prairie Home Township, MO

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

Median Sold Price

$135,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,000(+27.4%)

Key Takeaway

Homes in Prairie Home Township have sold for 27.4% more than they did a year ago.

Summary: The median home sold price in Prairie Home Township was $135,000 in October 2024, up 27.4% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $70K$267.5K
+282.1%
3 $125.5K$113K
-10.0%
4 --
N/A
5+ -$1
N/A

Summary: Prairie Home Township 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 increased by 282.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Prairie Home Township
+27.4%
Prairie Home
+27.4%

Housing Supply in Prairie Home Township, MO

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The Prairie Home Township real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 23
+50.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Prairie Home Township 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Prairie Home Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Prairie Home Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023Oct 2024CHANGE
7 Days221 Days+3057.1%

Summary: Homes in Prairie Home Township had an average of 221 days on market in Oct 2024, up by 3057.1% compared to last year.

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 October 2024, 1 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 100% 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 14 Days Ago

Newest Listings in Prairie Home Township, MO

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