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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Union Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Union Township, MO

How much do homes in Union Township, MO cost?

Median Sold Price

$315,000

-

Based on all homes sold in May 2024.

Difference Since Last Month

+$260,000(+472.7%)

Key Takeaway

Homes in Union Township have sold for 472.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $55K$315K
+472.7%
4 --
N/A
5+ --
N/A

Summary: Union Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 472.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+472.7%
Grovespring
+472.7%

Housing Supply in Union Township, MO

How many homes are available in Union Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
71710.0%

Summary: The Union Township real estate market had 71 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 32
-33.3%
2 1012
+20.0%
3 4544
-2.2%
4 1011
+10.0%
5+ 32
-33.3%

Summary: The Union 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 20%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Union Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Union Township in May 2024, up by 28.6% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Union Township, MO

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

Average Sale Time

Apr 2024May 2024CHANGE
60 Days40 Days-33.2%

Summary: Homes in Union Township had an average of 40 days on market in May 2024, down by 33.2% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Union Township has remained consistent over time.

Summary: During May 2024, 18 homes were sold in Union Township; 39% of homes were sold within 30 days, 50% 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 1 Day Ago

Newest Listings in Union Township, MO

Nearby Markets to Union Township, MO