$4,868 Closing Credit*
$409,900
3 Beds
•2 Full Baths, 2 Partial
Listing Office: Worth Clark Realty
Is University 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, University Township has remained a Seller's Market.
Key Takeaway
University Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in University Township, MO
How much do homes in University Township, MO cost?
Median Sold Price
$165,000
$155/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in University Township has remained the same since last year.
Summary: The median home sold price in University Township was $165,000 in October 2024, the same as last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $40K | -27.3% |
| 2 Bedrooms | $107K | $105K | -1.9% |
| 3 Bedrooms | $216.5K | $262.5K | +21.2% |
| 4 Bedrooms | $324K | $330K | +1.9% |
| 5+ Bedrooms | $392.6K | $305K | -22.3% |
Summary: University Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 22.3%.
Median Sold Price Compared To Nearby Cities
| Pagedale | $51K | $70K | +37.3% |
| Hanley Hills | $66K | $80.5K | +22.0% |
| University City | $300K | $335.4K | +11.8% |
| University Township | $165K | $165K | 0.0% |
Housing Supply in University Township, MO
How many homes are available in University Township, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 129 | 142 | +10.1% |
Summary: The University Township real estate market had 142 homes for sale in October 2024, a 10.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 52 | 58 | +11.5% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The University Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in University Township, you may be able to get a good deal. 44% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in University Township in October 2024, down by 21.9% month-over-month. Of the 25 sold homes, 44% were sold under asking, 32% were sold at asking, and 24% were sold over asking.
Days on Market for University Township, MO
How long does it take to sell a home in University Township, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 30 Days | +12.0% |
Summary: Homes in University Township had an average of 30 days on market in Oct 2024, up by 12% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in University Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in University Township; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.