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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adair Township is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Adair Township, MO

How much do homes in Adair Township, MO cost?

Median Sold Price

$485,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$145,550(+42.9%)

Key Takeaway

Homes in Adair Township have sold for 42.9% more than they did a year ago.

Summary: The median home sold price in Adair Township was $485,000 in May 2024, up 42.9% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $185K$267.5K
+44.6%
3 $339.8K$392.5K
+15.5%
4 $602K$685K
+13.8%
5+ --
N/A

Summary: Adair 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 increased by 44.6%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Adair Township
+42.9%
Buffalo Township
-7.4%

Housing Supply in Adair Township, MO

How many homes are available in Adair Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6887+27.9%

Summary: The Adair Township real estate market had 87 homes for sale in May 2024, a 27.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1924
+26.3%
3 2733
+22.2%
4 1319
+46.2%
5+ 810
+25.0%

Summary: The Adair 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 26.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
330.0%

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

Summary: A total of 3 homes were sold or pending in Adair Township in May 2024, the same as the previous 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 Adair Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
69 Days139 Days+101.4%

Summary: Homes in Adair Township had an average of 139 days on market in May 2024, up by 101.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Adair Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 3 homes were sold in Adair Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 Adair Township, MO

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