Is Neosho 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, Neosho Township has remained a Seller's Market.
Housing Prices in Neosho Township, MO
How much do homes in Neosho Township, MO cost?
Median Sold Price
$206,433
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Neosho Township was $206,433 in May 2024, up 15% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $63.9K | -58.7% |
2 Bedrooms | $116K | $118.5K | +2.2% |
3 Bedrooms | $185K | $209.5K | +13.2% |
4 Bedrooms | $249.9K | $256K | +2.4% |
5+ Bedrooms | $250K | $270K | +8.0% |
Summary: Neosho Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.7%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
Granby Township | $138K | $171K | +23.9% |
Neosho Township | $179.5K | $206.4K | +15.0% |
Neosho | $179.5K | $201.7K | +12.3% |
Housing Supply in Neosho Township, MO
How many homes are available in Neosho Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
115 | 118 | +2.6% |
Summary: The Neosho Township real estate market had 118 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 17 | 13 | -23.5% |
3 Bedrooms | 69 | 72 | +4.3% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Neosho 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 decreased by 23.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 26 | -10.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Neosho Township in May 2024, down by 10.3% month-over-month. Of the 26 sold homes, 62% were sold under asking, 27% were sold at asking, and 12% were sold over asking.
Days on Market for Neosho Township, MO
How long does it take to sell a home in Neosho Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 55 Days | -5.8% |
Summary: Homes in Neosho Township had an average of 55 days on market in May 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Neosho Township; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.