Is Bevo Mill, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bevo Mill is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bevo Mill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bevo Mill, MO

How much do homes in Bevo Mill, MO cost?

Median Sold Price

$165,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,000(+13.0%)

Key Takeaway

Homes in Bevo Mill have sold for 13% more than they did a year ago.

Summary: The median home sold price in Bevo Mill was $165,000 in April 2024, up 13% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $100K$99K
-1.0%
2 $137.5K$164K
+19.3%
3 $169K$175K
+3.6%
4 $185K$229.5K
+24.1%
5+ $175K$255K
+45.7%

Summary: Bevo Mill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 45.7%.

Median Sold Price Compared To Nearby Neighborhoods

Princeton Heights
+20.4%
Holly Hills
+14.2%
Bevo Mill
+13.0%
Dutchtown
+11.5%
South City
+4.2%

Housing Supply in Bevo Mill, MO

How many homes are available in Bevo Mill, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5762+8.8%

Summary: The Bevo Mill real estate market had 62 homes for sale in April 2024, a 8.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 77
0.0%
2 2933
+13.8%
3 2122
+4.8%
4 00
0.0%
5+ 00
0.0%

Summary: The Bevo Mill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1721+23.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bevo Mill, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Bevo Mill in April 2024, up by 23.5% month-over-month. Of the 21 sold homes, 29% were sold under asking, 10% were sold at asking, and 62% were sold over asking.

Days on Market for Bevo Mill, MO

How long does it take to sell a home in Bevo Mill, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days22 Days+79.3%

Summary: Homes in Bevo Mill had an average of 22 days on market in Apr 2024, up by 79.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bevo Mill are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in Bevo Mill; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% 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 11 Days Ago

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