Is Shoal Creek 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, Shoal Creek Township has remained a Seller's Market.
Housing Prices in Shoal Creek Township, MO
How much do homes in Shoal Creek Township, MO cost?
Median Sold Price
$251,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Shoal Creek Township was $251,000 in May 2024, down 6.2% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $86K | $71K | -17.4% |
2 Bedrooms | $104K | $148K | +42.3% |
3 Bedrooms | $216K | $208.5K | -3.5% |
4 Bedrooms | $322.5K | $357.5K | +10.9% |
5+ Bedrooms | $487.5K | $450K | -7.7% |
Summary: Shoal Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 42.3%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
Joplin | $171.4K | $180K | +5.0% |
Shoal Creek Township | $267.5K | $251K | -6.2% |
Housing Supply in Shoal Creek Township, MO
How many homes are available in Shoal Creek Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 55 | +14.6% |
Summary: The Shoal Creek Township real estate market had 55 homes for sale in May 2024, a 14.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Shoal Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Shoal Creek Township in May 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 60% were sold at asking, and 30% were sold over asking.
Days on Market for Shoal Creek Township, MO
How long does it take to sell a home in Shoal Creek Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 77 Days | +33.1% |
Summary: Homes in Shoal Creek Township had an average of 77 days on market in May 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Shoal Creek Township; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.