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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverside Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Riverside Township, MO

How much do homes in Riverside Township, MO cost?

Median Sold Price

$284,900

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$3,850(-1.3%)

Key Takeaway

Homes in Riverside Township have sold for 1.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $155K$280K
+80.6%
3 $258K$261.2K
+1.3%
4 $380K$365K
-3.9%
5+ $489.5K$460K
-6.0%

Summary: Riverside 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 increased by 80.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 6%.

Median Sold Price Compared To Nearby Cities

Cassidy Township
+5.9%
Ozark
0.5%
Riverside Township
-1.3%

Housing Supply in Riverside Township, MO

How many homes are available in Riverside Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7473-1.4%

Summary: The Riverside Township real estate market had 73 homes for sale in May 2024, a 1.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2526
+4.0%
4 3532
-8.6%
5+ 1315
+15.4%

Summary: The Riverside 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 100%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverside Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Riverside Township in May 2024, up by 11.8% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Riverside Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
18 Days40 Days+125.9%

Summary: Homes in Riverside Township had an average of 40 days on market in May 2024, up by 125.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 19 homes were sold in Riverside Township; 37% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% 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 9 Days Ago

Newest Listings in Riverside Township, MO

Nearby Markets to Riverside Township, MO

What housing markets are near Riverside Township, MO?