Is Ruth B Rural 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 Rural Township has remained a Buyer's Market.
Housing Prices in Ruth B Rural Township, MO
How much do homes in Ruth B Rural Township, MO cost?
Median Sold Price
$325,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ruth B Rural Township was $325,000 in May 2024, up 1.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $207.3K | +12.1% |
2 Bedrooms | $255K | $260K | +2.0% |
3 Bedrooms | $319K | $345K | +8.2% |
4 Bedrooms | $645K | $495.3K | -23.2% |
5+ Bedrooms | $475K | $503.7K | +6.1% |
Summary: Ruth B Rural Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Alpine Township | $300.5K | $400K | +33.1% |
Ruth B City Township | $315K | $334.9K | +6.3% |
Ruth B Rural Township | $320K | $325K | +1.6% |
Kimberling City | $337.4K | $319K | -5.5% |
Pine B Township | $325K | $245K | -24.6% |
Housing Supply in Ruth B Rural Township, MO
How many homes are available in Ruth B Rural Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 45 | +2.3% |
Summary: The Ruth B Rural Township real estate market had 45 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 | 1 | 3 | +200.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Ruth B Rural Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ruth B Rural Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ruth B Rural Township, MO
How long does it take to sell a home in Ruth B Rural Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 150 Days | +240.9% |
Summary: Homes in Ruth B Rural Township had an average of 150 days on market in May 2024, up by 240.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Ruth B Rural Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.