Is South Sugar Creek Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, South Sugar Creek Township was a Neutral Market.
Housing Prices in South Sugar Creek Township, MO
How much do homes in South Sugar Creek Township, MO cost?
Median Sold Price
$160,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Sugar Creek Township was $160,000 in May 2024, up 15.1% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $14K | $170K | +1114.3% |
2 Bedrooms | $85.2K | $105.6K | +23.9% |
3 Bedrooms | $170.2K | $166.5K | -2.2% |
4 Bedrooms | $177.5K | $232K | +30.7% |
5+ Bedrooms | $300K | $270K | -10.0% |
Summary: South Sugar Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1114.3%, 2 bedroom homes increased by 23.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
Moberly | $114.7K | $152.5K | +32.9% |
North Sugar Creek Township | $73.2K | $89.9K | +22.7% |
South Sugar Creek Township | $139K | $160K | +15.1% |
Housing Supply in South Sugar Creek Township, MO
How many homes are available in South Sugar Creek Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 48 | -14.3% |
Summary: The South Sugar Creek Township real estate market had 48 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 14 | -26.3% |
3 Bedrooms | 24 | 21 | -12.5% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The South 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 26.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in South Sugar Creek Township in May 2024, down by 13.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for South Sugar Creek Township, MO
How long does it take to sell a home in South Sugar Creek Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 16 Days | -66.3% |
Summary: Homes in South Sugar Creek Township had an average of 16 days on market in May 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in South Sugar Creek Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.