Is Garden Grove 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, Garden Grove Township has remained a Seller's Market.
Housing Prices in Garden Grove Township, MO
How much do homes in Garden Grove Township, MO cost?
Median Sold Price
$305,000
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190K | $179.9K | -5.3% |
3 Bedrooms | $239.9K | $228K | -5.0% |
4 Bedrooms | $338K | $395K | +16.9% |
5+ Bedrooms | $395K | $470.9K | +19.2% |
Summary: Garden Grove 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 5.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Cities
Garden Grove Township | $293.5K | $305K | +3.9% |
Nixa | $321.5K | $331K | +3.0% |
West Finley Township | $285K | $287.5K | +0.9% |
Rosedale Township | $305K | $301.4K | -1.2% |
North Galloway Township | $325K | $276K | -15.1% |
Housing Supply in Garden Grove Township, MO
How many homes are available in Garden Grove Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Summary: The Garden Grove Township real estate market had 27 homes for sale in May 2024, a 8.0% 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 | 0 | 0.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Garden Grove 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Garden Grove Township in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.
Days on Market for Garden Grove Township, MO
How long does it take to sell a home in Garden Grove Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 16 Days | -50.8% |
Summary: Homes in Garden Grove Township had an average of 16 days on market in May 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Garden Grove Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.