Is Ruth B City 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, Ruth B City Township has remained a Seller's Market.
Housing Prices in Ruth B City Township, MO
How much do homes in Ruth B City Township, MO cost?
Median Sold Price
$334,950
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $250K | +6.4% |
3 Bedrooms | $245K | $345K | +40.8% |
4 Bedrooms | $426K | $379.9K | -10.8% |
5+ Bedrooms | $720.5K | $440K | -38.9% |
Summary: Ruth B City 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 6.4%, 3 bedroom homes increased by 40.8%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 38.9%.
Median Sold Price Compared To Nearby Cities
Ruth B City Township | $315K | $334.9K | +6.3% |
Ruth B Rural Township | $320K | $325K | +1.6% |
Kimberling City | $337.4K | $319K | -5.5% |
Housing Supply in Ruth B City Township, MO
How many homes are available in Ruth B City Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 44 | +2.3% |
Summary: The Ruth B City Township real estate market had 44 homes for sale in May 2024, a 2.3% 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 | 8 | 9 | +12.5% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Ruth B City 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 12.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Ruth B City Township in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for Ruth B City Township, MO
How long does it take to sell a home in Ruth B City Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 60 Days | +55.8% |
Summary: Homes in Ruth B City Township had an average of 60 days on market in May 2024, up by 55.8% 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
Summary: During May 2024, 10 homes were sold in Ruth B City 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.