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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine B Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Pine B Township has remained a Seller's Market.

Key Takeaway

Pine B Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pine B Township, MO

How much do homes in Pine B Township, MO cost?

Median Sold Price

$245,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$80,000(-24.6%)

Key Takeaway

Homes in Pine B Township have sold for 24.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $147.5K$173K
+17.3%
2 $275K$204K
-25.8%
3 $380K$345K
-9.2%
4 $535K$510K
-4.7%
5+ $827.5K$699K
-15.5%

Summary: Pine B Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Cities

Alpine Township
+33.1%
Ruth B Rural Township
+1.6%
Pine A Township
-10.0%
Pine B Township
-24.6%
Lampe
-36.4%

Housing Supply in Pine B Township, MO

How many homes are available in Pine B Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6653-19.7%

Summary: The Pine B Township real estate market had 53 homes for sale in May 2024, a 19.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 2921
-27.6%
3 1715
-11.8%
4 109
-10.0%
5+ 87
-12.5%

Summary: The Pine B Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 27.6%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine B Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Pine B Township in May 2024, down by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Pine B Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
91 Days52 Days-43.0%

Summary: Homes in Pine B Township had an average of 52 days on market in May 2024, down by 43% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pine B Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 10 homes were sold in Pine B Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 Pine B Township, MO

Nearby Markets to Pine B Township, MO

What housing markets are near Pine B Township, MO?