Is West Finley Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Finley Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, West Finley Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Finley Township, MO

How much do homes in West Finley Township, MO cost?

Median Sold Price

$275,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,450(-4.3%)

Key Takeaway

Homes in West Finley Township have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in West Finley Township was $275,000 in April 2024, down 4.3% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $123.2K$190K
+54.2%
3 $239.9K$235K
-2.0%
4 $312.7K$275K
-12.1%
5+ $432.4K$327.5K
-24.3%

Summary: West Finley Township housing prices by bedroom type for April 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 decreased by 2%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 24.3%.

Median Sold Price Compared To Nearby Cities

East Finley Township
+8.3%
Ozark
+2.4%
Garden Grove Township
-3.2%
West Finley Township
-4.3%

Housing Supply in West Finley Township, MO

How many homes are available in West Finley Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3941+5.1%

Summary: The West Finley Township real estate market had 41 homes for sale in April 2024, a 5.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1414
0.0%
4 1416
+14.3%
5+ 55
0.0%

Summary: The West Finley Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
512+140.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Finley Township, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in West Finley Township in April 2024, up by 140.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.

Days on Market for West Finley Township, MO

How long does it take to sell a home in West Finley Township, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days32 Days-28.5%

Summary: Homes in West Finley Township had an average of 32 days on market in Apr 2024, down by 28.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Finley Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in West Finley Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 28 Days Ago

Newest Listings in West Finley Township, MO

Nearby Markets to West Finley Township, MO

What housing markets are near West Finley Township, MO?