Is Republic North 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, Republic North Township has remained a Seller's Market.
Housing Prices in Republic North Township, MO
How much do homes in Republic North Township, MO cost?
Median Sold Price
$237,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Republic North Township was $237,500 in May 2024, up 2.6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $389K | $161.5K | -58.5% |
3 Bedrooms | $225K | $232.3K | +3.3% |
4 Bedrooms | $268.5K | $316.9K | +18.0% |
5+ Bedrooms | $331.2K | $340K | +2.6% |
Summary: Republic North 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 58.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Republic North Township | $231.4K | $237.5K | +2.6% |
Republic | $257.5K | $258K | 0.2% |
West Republic Township | $253.9K | $245K | -3.5% |
Brookline Township | $300.9K | $285K | -5.3% |
Brookline | $312K | $295K | -5.4% |
Housing Supply in Republic North Township, MO
How many homes are available in Republic North Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 44 | +22.2% |
Summary: The Republic North Township real estate market had 44 homes for sale in May 2024, a 22.2% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 24 | 26 | +8.3% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Republic North 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 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 14 | +180.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Republic North Township in May 2024, up by 180.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Republic North Township, MO
How long does it take to sell a home in Republic North Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 14 Days | -35.4% |
Summary: Homes in Republic North Township had an average of 14 days on market in May 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Republic North Township; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.