Is Rivers Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rivers Township has remained a Seller's Market.
Key Takeaway
Rivers Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rivers Township, MO
How much do homes in Rivers Township, MO cost?
Median Sold Price
$326,836
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rivers Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Rivers Township was $326,836 in April 2024, up 10.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.5K | $179.9K | +115.5% |
| 2 Bedrooms | $220K | $245K | +11.4% |
| 3 Bedrooms | $299.9K | $326.4K | +8.8% |
| 4 Bedrooms | $377.5K | $412.6K | +9.3% |
| 5+ Bedrooms | $380K | $480K | +26.3% |
Summary: Rivers Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.5%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $255K | $300K | +17.6% |
| Rivers Township | $296.6K | $326.8K | +10.2% |
| Saint Charles | $290.2K | $318.6K | +9.8% |
Housing Supply in Rivers Township, MO
How many homes are available in Rivers Township, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 111 | +11.0% |
Summary: The Rivers Township real estate market had 111 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 58 | 66 | +13.8% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rivers 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 23.5%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 36 | +12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rivers Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in Rivers Township in April 2024, up by 12.5% month-over-month. Of the 36 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% were sold over asking.
Days on Market for Rivers Township, MO
How long does it take to sell a home in Rivers Township, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 23 Days | +7.2% |
Summary: Homes in Rivers Township had an average of 23 days on market in Apr 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rivers Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 36 homes were sold in Rivers Township; 72% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.