Is Concord Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Concord Township has remained a Seller's Market.
Housing Prices in Concord Township, MO
How much do homes in Concord Township, MO cost?
Median Sold Price
$240,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Concord Township was $240,000 in May 2024, up 6.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $100K | 0.0% |
2 Bedrooms | $190K | $200K | +5.3% |
3 Bedrooms | $235K | $255K | +8.5% |
4 Bedrooms | $352.5K | $358.7K | +1.8% |
5+ Bedrooms | $330.5K | $350K | +5.9% |
Summary: Concord Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Concord Township | $225K | $240K | +6.7% |
Grantwood Village | $548.5K | $574K | +4.6% |
Green Park | $240K | $248.5K | +3.5% |
Saint George | $155K | $130K | -16.1% |
Housing Supply in Concord Township, MO
How many homes are available in Concord Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 | 130 | +16.1% |
Summary: The Concord Township real estate market had 130 homes for sale in May 2024, a 16.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 37 | 46 | +24.3% |
3 Bedrooms | 55 | 61 | +10.9% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Concord Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Concord Township in May 2024, up by 14.6% month-over-month. Of the 47 sold homes, 23% were sold under asking, 9% were sold at asking, and 68% were sold over asking.
Days on Market for Concord Township, MO
How long does it take to sell a home in Concord Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 17 Days | -6.9% |
Summary: Homes in Concord Township had an average of 17 days on market in May 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 47 homes were sold in Concord Township; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.