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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piney Township is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Piney Township, MO

How much do homes in Piney Township, MO cost?

Median Sold Price

$115,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$15,600(-11.9%)

Key Takeaway

Homes in Piney Township have sold for 11.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$28.5K
N/A
2 $172K$56K
-67.4%
3 $93K$111.8K
+20.3%
4 $239.9K$175K
-27.1%
5+ -$540K
N/A

Summary: Piney 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 67.4%, 3 bedroom homes increased by 20.3%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Piney Township
-11.9%
Alton
-21.5%

Housing Supply in Piney Township, MO

How many homes are available in Piney Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1613-18.8%

Summary: The Piney Township real estate market had 13 homes for sale in May 2024, a 18.8% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 32
-33.3%
2 44
0.0%
3 86
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Piney Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

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 Piney Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Piney Township in May 2024, down by 66.7% 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 Piney Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
6 Days42 Days+600.0%

Summary: Homes in Piney Township had an average of 42 days on market in May 2024, up by 600% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Piney Township has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Piney Township; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

Newest Listings in Piney Township, MO

Nearby Markets to Piney Township, MO

What housing markets are near Piney Township, MO?