Is Bolivar, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bolivar has remained a Seller's Market.
Housing Prices in Bolivar, MO
How much do homes in Bolivar, MO cost?
Median Sold Price
$230,000
$482/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bolivar was $230,000 in March 2024, up 6.8% from last year, and the median price per square foot was $482.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | $145K | -0.7% |
2 Bedrooms | $145K | $144.9K | -0.1% |
3 Bedrooms | $214.9K | $230K | +7.0% |
4 Bedrooms | $269.9K | $302.4K | +12.0% |
5+ Bedrooms | $390K | $378.6K | -2.9% |
Summary: Bolivar housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
Southeast Marion Township | $187K | $210.3K | +12.5% |
Southwest Marion Township | $221.1K | $240K | +8.5% |
Bolivar | $215.3K | $230K | +6.8% |
Northeast Marion Township | $214.5K | $195K | -9.1% |
Northwest Marion Township | $248K | $222.5K | -10.3% |
Housing Supply in Bolivar, MO
How many homes are available in Bolivar, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 82 | +3.8% |
Summary: The Bolivar real estate market had 82 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 39 | 48 | +23.1% |
4 Bedrooms | 25 | 20 | -20.0% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Bolivar housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Bolivar in March 2024, up by 64.3% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for Bolivar, MO
How long does it take to sell a home in Bolivar, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 70 Days | +14.0% |
Summary: Homes in Bolivar had an average of 70 days on market in Mar 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Bolivar; 26% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.