Is Sparta 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, Sparta Township was a Seller's Market.
Housing Prices in Sparta Township, MO
How much do homes in Sparta Township, MO cost?
Median Sold Price
$227,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sparta Township was $227,000 in May 2024, up 12.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $220K | N/A |
2 Bedrooms | $188.5K | $136.8K | -27.4% |
3 Bedrooms | $201.4K | $218.4K | +8.4% |
4 Bedrooms | $265.5K | $297.5K | +12.1% |
5+ Bedrooms | $740K | $691.5K | -6.6% |
Summary: Sparta 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 27.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
McCracken Township | $385K | $438.8K | +14.0% |
Sparta Township | $202.2K | $227K | +12.3% |
Sparta | $204K | $227K | +11.3% |
Housing Supply in Sparta Township, MO
How many homes are available in Sparta Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Summary: The Sparta Township real estate market had 18 homes for sale in May 2024, a 50.0% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Sparta 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 increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Sparta Township in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sparta Township, MO
How long does it take to sell a home in Sparta Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 94 Days | +2080.8% |
Summary: Homes in Sparta Township had an average of 94 days on market in May 2024, up by 2080.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Sparta Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.