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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swan Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Swan Township, MO

How much do homes in Swan Township, MO cost?

Median Sold Price

$204,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$8,500(-4.0%)

Key Takeaway

Homes in Swan Township have sold for 4% less than they did a year ago.

Summary: The median home sold price in Swan Township was $204,000 in May 2024, down 4% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $166K$162.5K
-2.1%
2 $165K$168.5K
+2.1%
3 $210K$196K
-6.7%
4 $275K$292.5K
+6.4%
5+ $764.5K$315K
-58.8%

Summary: Swan Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 58.8%.

Median Sold Price Compared To Nearby Cities

Taneyville
+77.7%
Swan Township
-4.0%
Rockaway Beach
-5.5%
Forsyth
-7.5%

Housing Supply in Swan Township, MO

How many homes are available in Swan Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6975+8.7%

Summary: The Swan Township real estate market had 75 homes for sale in May 2024, a 8.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 32
-33.3%
2 1819
+5.6%
3 2937
+27.6%
4 1213
+8.3%
5+ 74
-42.9%

Summary: The Swan Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swan Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Swan Township in May 2024, up by 116.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.

Days on Market for Swan Township, MO

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

Average Sale Time

May 2023May 2024CHANGE
23 Days109 Days+375.3%

Summary: Homes in Swan Township had an average of 109 days on market in May 2024, up by 375.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Swan Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 13 homes were sold in Swan Township; 31% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 46% 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 Swan Township, MO

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