$240,000
0.44 Acres
Land
Listing Office: Westbound Real Estate LLC
Is Rivers Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rivers Township has remained a Seller's Market.
Key Takeaway
Rivers Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rivers Township, MO
How much do homes in Rivers Township, MO cost?
Median Sold Price
$330,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+4.8%)
Key Takeaway
Homes in Rivers Township have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Rivers Township was $330,000 in October 2024, up 4.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129K | $162.4K | +25.9% |
| 2 Bedrooms | $229.5K | $241K | +5.0% |
| 3 Bedrooms | $315K | $325K | +3.2% |
| 4 Bedrooms | $391K | $399K | +2.0% |
| 5+ Bedrooms | $505K | $502.3K | -0.5% |
Summary: Rivers Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.9%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $275K | $297.4K | +8.2% |
| Rivers Township | $315K | $330K | +4.8% |
| Saint Charles | $310K | $324.9K | +4.8% |
Housing Supply in Rivers Township, MO
How many homes are available in Rivers Township, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 | 107 | -8.5% |
Summary: The Rivers Township real estate market had 107 homes for sale in October 2024, a 8.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 26 | 20 | -23.1% |
| 3 Bedrooms | 56 | 57 | +1.8% |
| 4 Bedrooms | 30 | 25 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rivers 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 decreased by 23.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 32 | -20.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rivers Township, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Rivers Township in October 2024, down by 20.0% month-over-month. Of the 32 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.
Days on Market for Rivers Township, MO
How long does it take to sell a home in Rivers Township, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 20 Days | -7.7% |
Summary: Homes in Rivers Township had an average of 20 days on market in Oct 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rivers Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Rivers Township; 72% of homes were sold within 30 days, 28% 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.