Is Ruth C Rural Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ruth C Rural Township has remained a Seller's Market.
Housing Prices in Ruth C Rural Township, MO
How much do homes in Ruth C Rural Township, MO cost?
Median Sold Price
$283,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $116.1K | +45.1% |
2 Bedrooms | $282.5K | $273.7K | -3.1% |
3 Bedrooms | $483.7K | $399K | -17.5% |
4 Bedrooms | $589K | $492.5K | -16.4% |
5+ Bedrooms | $698.7K | $777K | +11.2% |
Summary: Ruth C Rural Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.1%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Cities
Pine A Township | $280.5K | $340K | +21.2% |
Ruth C Township | $354.9K | $402.5K | +13.4% |
Ruth C Rural Township | $315K | $283K | -10.2% |
Indian Point | $315K | $283K | -10.2% |
Housing Supply in Ruth C Rural Township, MO
How many homes are available in Ruth C Rural Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 46 | +9.5% |
Summary: The Ruth C Rural Township real estate market had 46 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 25 | 31 | +24.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ruth C Rural Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 24%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Ruth C Rural Township in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Ruth C Rural Township, MO
How long does it take to sell a home in Ruth C Rural Township, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 65 Days | +14.4% |
Summary: Homes in Ruth C Rural Township had an average of 65 days on market in Apr 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Ruth C Rural Township; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.