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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Polk Township is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, East Polk Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in East Polk Township, MO

How much do homes in East Polk Township, MO cost?

Median Sold Price

$254,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$35,450(-12.2%)

Key Takeaway

Homes in East Polk Township have sold for 12.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$125K
N/A
2 $137.4K$123.5K
-10.1%
3 $250K$251.2K
0.5%
4 $408.4K$383.9K
-6.0%
5+ $540K-
N/A

Summary: East Polk 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 10.1%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Republic Township
+5.0%
Billings
+3.6%
East Polk Township
-12.2%

Housing Supply in East Polk Township, MO

How many homes are available in East Polk Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1117+54.5%

Summary: The East Polk Township real estate market had 17 homes for sale in April 2024, a 54.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 77
0.0%
4 38
+166.7%
5+ 11
0.0%

Summary: The East Polk 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were 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 East Polk Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in East Polk Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for East Polk Township, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
2 Days2 Days0.0%

Summary: Homes in East Polk Township had an average of 2 days on market in Apr 2024, the same as last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in East Polk Township; 100% of homes were sold within 30 days, 0% 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 28 Days Ago

Newest Listings in East Polk Township, MO

Nearby Markets to East Polk Township, MO

What housing markets are near East Polk Township, MO?