Is South Fork Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Fork Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, South Fork Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in South Fork Township, MO

How much do homes in South Fork Township, MO cost?

Median Sold Price

$189,900

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$59,900(+46.1%)

Key Takeaway

Homes in South Fork Township have sold for 46.1% more than they did a year ago.

Summary: The median home sold price in South Fork Township was $189,900 in November 2024, up 46.1% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $96.2K-
N/A
2 $87.2K$134.5K
+54.2%
3 $129K$170K
+31.8%
4 $221K$485K
+119.5%
5+ $255.5K$791.8K
+209.9%

Summary: South Fork Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.2%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 119.5%, and 5+ bedroom homes increased by 209.9%.

Median Sold Price Compared To Nearby Cities

South Fork Township
+46.1%
Mexico
+6.2%

Housing Supply in South Fork Township, MO

How many homes are available in South Fork Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1710-41.2%

Summary: The South Fork Township real estate market had 10 homes for sale in November 2024, a 41.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 41
-75.0%
3 96
-33.3%
4 42
-50.0%
5+ 00
0.0%

Summary: The South Fork Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Fork Township, 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 South Fork Township in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for South Fork Township, MO

How long does it take to sell a home in South Fork Township, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days51 Days+91.4%

Summary: Homes in South Fork Township had an average of 51 days on market in Nov 2024, up by 91.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Fork Township has remained consistent over time.

Summary: During November 2024, 3 homes were sold in South Fork Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in South Fork Township, MO

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What housing markets are near South Fork Township, MO?