Is Bellefontaine Neighbors, 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, Bellefontaine Neighbors has remained a Seller's Market.
Housing Prices in Bellefontaine Neighbors, MO
How much do homes in Bellefontaine Neighbors, MO cost?
Median Sold Price
$88,900
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bellefontaine Neighbors was $88,900 in May 2024, down 6.4% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35K | - | N/A |
2 Bedrooms | $85.7K | $81K | -5.5% |
3 Bedrooms | $97.7K | $91.7K | -6.1% |
4 Bedrooms | $145K | $135K | -6.9% |
5+ Bedrooms | $142.5K | - | N/A |
Summary: Bellefontaine Neighbors 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 decreased by 5.5%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Riverview | $45.7K | $52K | +13.7% |
Jennings | $53.1K | $55K | +3.6% |
Bellefontaine Neighbors | $95K | $88.9K | -6.4% |
Saint Ferdinand Township | $85.8K | $77.7K | -9.5% |
Housing Supply in Bellefontaine Neighbors, MO
How many homes are available in Bellefontaine Neighbors, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 58 | +3.6% |
Summary: The Bellefontaine Neighbors real estate market had 58 homes for sale in May 2024, a 3.6% 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 | 18 | 19 | +5.6% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bellefontaine Neighbors 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 5.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Bellefontaine Neighbors in May 2024, up by 18.8% month-over-month. Of the 19 sold homes, 53% were sold under asking, 5% were sold at asking, and 42% were sold over asking.
Days on Market for Bellefontaine Neighbors, MO
How long does it take to sell a home in Bellefontaine Neighbors, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 38 Days | -4.2% |
Summary: Homes in Bellefontaine Neighbors had an average of 38 days on market in May 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Bellefontaine Neighbors; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.