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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Republic North Township is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Republic North Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Republic North Township, MO

How much do homes in Republic North Township, MO cost?

Median Sold Price

$235,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,500(+1.1%)

Key Takeaway

Homes in Republic North Township have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Republic North Township was $235,000 in April 2024, up 1.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $269.4K$161.5K
-40.1%
3 $228.7K$230K
+0.6%
4 $268.5K$311.4K
+16.0%
5+ $331.2K$485K
+46.4%

Summary: Republic North Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 46.4%.

Median Sold Price Compared To Nearby Cities

Republic
+2.2%
Republic North Township
+1.1%
Brookline Township
-0.2%
West Republic Township
-2.0%
Brookline
-3.1%

Housing Supply in Republic North Township, MO

How many homes are available in Republic North Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3235+9.4%

Summary: The Republic North Township real estate market had 35 homes for sale in April 2024, a 9.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2023
+15.0%
4 77
0.0%
5+ 44
0.0%

Summary: The Republic North Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Republic North Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Republic North Township in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Republic North Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days25 Days+9.5%

Summary: Homes in Republic North Township had an average of 25 days on market in Apr 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Republic North Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in Republic North Township, MO

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What housing markets are near Republic North Township, MO?