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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linn Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Linn Township was a Seller's Market.

Key Takeaway

Linn Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Linn Township, MO

How much do homes in Linn Township, MO cost?

Median Sold Price

$212,450

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$27,550(+14.9%)

Key Takeaway

Homes in Linn Township have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in Linn Township was $212,450 in May 2024, up 14.9% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $60K$61.2K
+2.0%
2 $130K$138.7K
+6.7%
3 $184.9K$199.9K
+8.1%
4 $287.5K$238.5K
-17.0%
5+ $1.5M$285K
-82.0%

Summary: Linn Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes decreased by 82%.

Median Sold Price Compared To Nearby Cities

Stockton
+17.9%
Linn Township
+14.9%

Housing Supply in Linn Township, MO

How many homes are available in Linn Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2526+4.0%

Summary: The Linn Township real estate market had 26 homes for sale in May 2024, a 4.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 06
+100.0%
3 1917
-10.5%
4 63
-50.0%
5+ 00
0.0%

Summary: The Linn Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 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 Linn Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Linn Township in May 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Linn Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
59 Days161 Days+168.9%

Summary: Homes in Linn Township had an average of 161 days on market in May 2024, up by 168.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Linn Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Linn Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 2 Days Ago

Newest Listings in Linn Township, MO

Nearby Markets to Linn Township, MO

What housing markets are near Linn Township, MO?