Is East Polk 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, East Polk Township has remained a Buyer's Market.
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 May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $125K | N/A |
2 Bedrooms | $137.4K | $123.5K | -10.1% |
3 Bedrooms | $250K | $249.9K | 0% |
4 Bedrooms | $387K | $499.9K | +29.2% |
5+ Bedrooms | $540K | - | N/A |
Summary: East Polk 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 decreased by 10.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
East Republic Township | $275K | $295.9K | +7.6% |
Billings | $290K | $285K | -1.7% |
East Polk Township | $290K | $254.5K | -12.2% |
Housing Supply in East Polk Township, MO
How many homes are available in East Polk Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 24 | +60.0% |
Summary: The East Polk Township real estate market had 24 homes for sale in May 2024, a 60.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 13 | +85.7% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The East Polk 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 remained the same, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Polk Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 6 Days | -60.4% |
Summary: Homes in East Polk Township had an average of 6 days on market in May 2024, down by 60.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 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.