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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zumbehl Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Zumbehl Township, MO

How much do homes in Zumbehl Township, MO cost?

Median Sold Price

$325,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,750(+1.5%)

Key Takeaway

Homes in Zumbehl Township have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Zumbehl Township was $325,000 in October 2024, up 1.5% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147K$161K
+9.5%
2 $186.7K$215K
+15.1%
3 $295K$316K
+7.1%
4 $420K$445K
+6.0%
5+ $457.5K$469.9K
+2.7%

Summary: Zumbehl Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Cities

Spencer Creek Township
+11.1%
Lindenwood Township
+8.2%
Frontier Township
+5.5%
Saint Charles
+4.8%
Zumbehl Township
+1.5%

Housing Supply in Zumbehl Township, MO

How many homes are available in Zumbehl Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5364+20.8%

Summary: The Zumbehl Township real estate market had 64 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 2228
+27.3%
4 1317
+30.8%
5+ 54
-20.0%

Summary: The Zumbehl 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 increased by 15.4%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zumbehl Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Zumbehl Township in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for Zumbehl Township, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days44 Days+124.1%

Summary: Homes in Zumbehl Township had an average of 44 days on market in Oct 2024, up by 124.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Zumbehl Township; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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 16 Days Ago

Newest Listings in Zumbehl Township, MO

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