Is Katy 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, Katy Township was a Buyer's Market.
Housing Prices in Katy Township, MO
How much do homes in Katy Township, MO cost?
Median Sold Price
$320,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Katy Township was $320,000 in May 2024, up 22.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $139.9K | +64.6% |
2 Bedrooms | - | $320K | N/A |
3 Bedrooms | $210K | $295K | +40.5% |
4 Bedrooms | $330K | $386.9K | +17.3% |
5+ Bedrooms | $560.5K | $415K | -26.0% |
Summary: Katy Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 40.5%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 26%.
Median Sold Price Compared To Nearby Cities
Katy Township | $261.2K | $320K | +22.5% |
Columbia | $287.8K | $301.9K | +4.9% |
Missouri Township | $289.7K | $301.5K | +4.1% |
Housing Supply in Katy Township, MO
How many homes are available in Katy Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 27 | +42.1% |
Summary: The Katy Township real estate market had 27 homes for sale in May 2024, a 42.1% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Katy 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 60%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Katy Township in May 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Katy Township, MO
How long does it take to sell a home in Katy Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 10 Days | -28.6% |
Summary: Homes in Katy Township had an average of 10 days on market in May 2024, down by 28.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Katy Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.