Is North Sugar Creek Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Sugar Creek Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, North Sugar Creek Township was a Seller's Market.

Key Takeaway

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

Housing Prices in North Sugar Creek Township, MO

How much do homes in North Sugar Creek Township, MO cost?

Median Sold Price

$89,900

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$16,650(+22.7%)

Key Takeaway

Homes in North Sugar Creek Township have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in North Sugar Creek Township was $89,900 in May 2024, up 22.7% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $51.9K$37.2K
-28.2%
2 $42.5K$85.3K
+100.8%
3 $100K$138K
+38.0%
4 $225K$108.7K
-51.7%
5+ -$231.5K
N/A

Summary: North Sugar Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes increased by 100.8%, 3 bedroom homes increased by 38%, 4 bedroom homes decreased by 51.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moberly
+32.9%
North Sugar Creek Township
+22.7%
South Sugar Creek Township
+15.1%

Housing Supply in North Sugar Creek Township, MO

How many homes are available in North Sugar Creek Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3127-12.9%

Summary: The North Sugar Creek Township real estate market had 27 homes for sale in May 2024, a 12.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 108
-20.0%
3 1516
+6.7%
4 41
-75.0%
5+ 11
0.0%

Summary: The North Sugar Creek 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 decreased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Sugar Creek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Sugar Creek Township in May 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for North Sugar Creek Township, MO

How long does it take to sell a home in North Sugar Creek Township, MO?

Average Sale Time

May 2023May 2024CHANGE
4 Days290 Days+6490.9%

Summary: Homes in North Sugar Creek Township had an average of 290 days on market in May 2024, up by 6490.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During May 2024, 2 homes were sold in North Sugar Creek Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 North Sugar Creek Township, MO

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What housing markets are near North Sugar Creek Township, MO?