Is Oakville 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, Oakville Township has remained a Seller's Market.
Housing Prices in Oakville Township, MO
How much do homes in Oakville Township, MO cost?
Median Sold Price
$317,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oakville Township was $317,000 in May 2024, up 5.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $75K | -6.3% |
2 Bedrooms | $177.4K | $200K | +12.7% |
3 Bedrooms | $280.3K | $302.7K | +8.0% |
4 Bedrooms | $375K | $390K | +4.0% |
5+ Bedrooms | $429K | $490K | +14.2% |
Summary: Oakville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
Lemay Township | $175K | $193K | +10.3% |
Tesson Ferry Township | $311K | $330K | +6.1% |
Oakville Township | $300K | $317K | +5.7% |
Housing Supply in Oakville Township, MO
How many homes are available in Oakville Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 | 114 | +22.6% |
Summary: The Oakville Township real estate market had 114 homes for sale in May 2024, a 22.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 42 | 52 | +23.8% |
4 Bedrooms | 26 | 33 | +26.9% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Oakville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 38 | +26.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Oakville Township in May 2024, up by 26.7% month-over-month. Of the 38 sold homes, 24% were sold under asking, 16% were sold at asking, and 61% were sold over asking.
Days on Market for Oakville Township, MO
How long does it take to sell a home in Oakville Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 13 Days | -43.8% |
Summary: Homes in Oakville Township had an average of 13 days on market in May 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Oakville Township; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.