Is High Ridge Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Ridge Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, High Ridge Township has remained a Seller's Market.

Key Takeaway

High Ridge Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in High Ridge Township, MO

How much do homes in High Ridge Township, MO cost?

Median Sold Price

$520,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$280,000(+116.7%)

Key Takeaway

Homes in High Ridge Township have sold for 116.7% more than they did a year ago.

Summary: The median home sold price in High Ridge Township was $520,000 in May 2024, up 116.7% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $150K$227.5K
+51.7%
3 $230K$363.8K
+58.2%
4 $350K$537.5K
+53.6%
5+ $460.7K$771.9K
+67.6%

Summary: High Ridge 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 51.7%, 3 bedroom homes increased by 58.2%, 4 bedroom homes increased by 53.6%, and 5+ bedroom homes increased by 67.6%.

Housing Supply in High Ridge Township, MO

How many homes are available in High Ridge Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7790+16.9%

Summary: The High Ridge Township real estate market had 90 homes for sale in May 2024, a 16.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1215
+25.0%
3 4851
+6.3%
4 1421
+50.0%
5+ 33
0.0%

Summary: The High Ridge 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 increased by 25%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
2123+9.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Ridge Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in High Ridge Township in May 2024, up by 9.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for High Ridge Township, MO

How long does it take to sell a home in High Ridge Township, MO?

Average Sale Time

May 2023May 2024CHANGE
50 Days20 Days-59.2%

Summary: Homes in High Ridge Township had an average of 20 days on market in May 2024, down by 59.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 23 homes were sold in High Ridge Township; 70% of homes were sold within 30 days, 30% 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 6 Days Ago

Newest Listings in High Ridge Township, MO

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