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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seneca Township is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Seneca Township, MO

How much do homes in Seneca Township, MO cost?

Median Sold Price

$151,450

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$17,550(-10.4%)

Key Takeaway

Homes in Seneca Township have sold for 10.4% less than they did a year ago.

Summary: The median home sold price in Seneca Township was $151,450 in May 2024, down 10.4% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $81K$160K
+97.5%
2 $114K$70K
-38.6%
3 $170K$179K
+5.3%
4 $333.5K$369.9K
+10.9%
5+ $625K$230K
-63.2%

Summary: Seneca Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.5%, 2 bedroom homes decreased by 38.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 63.2%.

Median Sold Price Compared To Nearby Cities

Five Mile Township
+46.9%
Buffalo Township
-4.4%
Seneca Township
-10.4%

Housing Supply in Seneca Township, MO

How many homes are available in Seneca Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2528+12.0%

Summary: The Seneca Township real estate market had 28 homes for sale in May 2024, a 12.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 88
0.0%
3 1011
+10.0%
4 58
+60.0%
5+ 11
0.0%

Summary: The Seneca Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 60%, 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 Seneca 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 Seneca 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 Seneca Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
40 Days83 Days+107.5%

Summary: Homes in Seneca Township had an average of 83 days on market in May 2024, up by 107.5% 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 Seneca Township has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Seneca 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 Seneca Township, MO

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