Is Bonhomme Township, 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, Bonhomme Township has remained a Seller's Market.
Housing Prices in Bonhomme Township, MO
How much do homes in Bonhomme Township, MO cost?
Median Sold Price
$390,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bonhomme Township was $390,000 in March 2024, up 3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145.5K | $160K | +10.0% |
2 Bedrooms | $245K | $239.4K | -2.3% |
3 Bedrooms | $358.2K | $350K | -2.3% |
4 Bedrooms | $528.5K | $563.5K | +6.6% |
5+ Bedrooms | $890.9K | $917.7K | +3.0% |
Summary: Bonhomme Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
Fenton | $312K | $343.3K | +10.0% |
Kirkwood | $365K | $386K | +5.8% |
Bonhomme Township | $378.7K | $390K | +3.0% |
Sunset Hills | $541K | $535.2K | -1.1% |
Housing Supply in Bonhomme Township, MO
How many homes are available in Bonhomme Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 125 | +20.2% |
Summary: The Bonhomme Township real estate market had 125 homes for sale in March 2024, a 20.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 21 | 35 | +66.7% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 27 | 33 | +22.2% |
5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The Bonhomme Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 48 | +92.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Bonhomme Township in March 2024, up by 92.0% month-over-month. Of the 48 sold homes, 33% were sold under asking, 6% were sold at asking, and 60% were sold over asking.
Days on Market for Bonhomme Township, MO
How long does it take to sell a home in Bonhomme Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 19 Days | -70.1% |
Summary: Homes in Bonhomme Township had an average of 19 days on market in Mar 2024, down by 70.1% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in Bonhomme Township; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.