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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruth A Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Ruth A Township, MO

How much do homes in Ruth A Township, MO cost?

Median Sold Price

$300,000

-

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in Ruth A Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $235.5K$257.4K
+9.3%
2 $342.3K$183.5K
-46.4%
3 $270K$295.9K
+9.6%
4 $395K$384.9K
-2.5%
5+ $675K$686.5K
+1.7%

Summary: Ruth A Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 46.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Ruth C Township
+12.5%
Reeds Spring
+9.5%
Ruth B Rural Township
+1.6%
Ruth A Township
0.0%
Branson West
-51.0%

Housing Supply in Ruth A Township, MO

How many homes are available in Ruth A Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4045+12.5%

Summary: The Ruth A Township real estate market had 45 homes for sale in May 2024, a 12.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 2122
+4.8%
4 46
+50.0%
5+ 1110
-9.1%

Summary: The Ruth A 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 increased by 100%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruth A Township, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Ruth A Township in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.

Days on Market for Ruth A Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
95 Days86 Days-9.5%

Summary: Homes in Ruth A Township had an average of 86 days on market in May 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

4 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 Ruth A Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in Ruth A Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Ruth A Township, MO

Nearby Markets to Ruth A Township, MO

What housing markets are near Ruth A Township, MO?