Is Zumbehl 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, Zumbehl Township has remained a Seller's Market.
Key Takeaway
Zumbehl Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Zumbehl Township, MO
How much do homes in Zumbehl Township, MO cost?
Median Sold Price
$306,111
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Zumbehl Township have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Zumbehl Township was $306,111 in May 2024, down 1.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227K | $147K | -35.2% |
| 2 Bedrooms | $185K | $195K | +5.4% |
| 3 Bedrooms | $288.9K | $295K | +2.1% |
| 4 Bedrooms | $391.5K | $428K | +9.3% |
| 5+ Bedrooms | $455K | $632.5K | +39.0% |
Summary: Zumbehl Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 39%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $259K | $299.1K | +15.5% |
| Saint Charles | $290.5K | $320K | +10.1% |
| Frontier Township | $286.2K | $305K | +6.5% |
| Spencer Creek Township | $268K | $285K | +6.3% |
| Zumbehl Township | $311.5K | $306.1K | -1.7% |
Housing Supply in Zumbehl Township, MO
How many homes are available in Zumbehl Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 48 | +37.1% |
Summary: The Zumbehl Township real estate market had 48 homes for sale in May 2024, a 37.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Zumbehl Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 19 | +137.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zumbehl Township, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Zumbehl Township in May 2024, up by 137.5% month-over-month. Of the 19 sold homes, 21% were sold under asking, 5% were sold at asking, and 74% were sold over asking.
Days on Market for Zumbehl Township, MO
How long does it take to sell a home in Zumbehl Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 7 Days | +41.6% |
Summary: Homes in Zumbehl Township had an average of 7 days on market in May 2024, up by 41.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Zumbehl Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in Zumbehl Township; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.