Is North Galloway Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Galloway Township was a Buyer's Market.
Housing Prices in North Galloway Township, MO
How much do homes in North Galloway Township, MO cost?
Median Sold Price
$276,000
-
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 | - | - | N/A |
2 Bedrooms | $250K | $121.2K | -51.5% |
3 Bedrooms | $274.9K | $269.2K | -2.1% |
4 Bedrooms | $374K | $288K | -23.0% |
5+ Bedrooms | $468.5K | $539.9K | +15.3% |
Summary: North Galloway 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 51.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Cities
Garden Grove Township | $293.5K | $305K | +3.9% |
West Finley Township | $285K | $287.5K | +0.9% |
Rosedale Township | $305K | $301.4K | -1.2% |
Highlandville | $317.5K | $272.2K | -14.3% |
North Galloway Township | $325K | $276K | -15.1% |
Housing Supply in North Galloway Township, MO
How many homes are available in North Galloway Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The North Galloway Township real estate market had 11 homes for sale in May 2024, a 10.0% 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 | 6 | 3 | -50.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The North Galloway 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 decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Galloway Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for North Galloway Township, MO
How long does it take to sell a home in North Galloway Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 11 Days | -54.0% |
Summary: Homes in North Galloway Township had an average of 11 days on market in May 2024, down by 54% compared to last year.
Breakdown of Home Sale Times
2 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, 2 homes were sold in North Galloway 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.