Is Boone County, 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, Boone County has remained a Seller's Market.
Housing Prices in Boone County, MO
How much do homes in Boone County, MO cost?
Median Sold Price
$299,914
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Boone County was $299,914 in March 2024, up 6.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $135K | +31.7% |
2 Bedrooms | $145K | $169K | +16.6% |
3 Bedrooms | $251.8K | $268K | +6.4% |
4 Bedrooms | $340K | $369.2K | +8.6% |
5+ Bedrooms | $516.8K | $519.2K | 0.5% |
Summary: Boone County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.7%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Counties
Audrain County | $130K | $145K | +11.5% |
Callaway County | $201K | $218.2K | +8.6% |
Boone County | $281.3K | $299.9K | +6.6% |
Housing Supply in Boone County, MO
How many homes are available in Boone County, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
504 | 575 | +14.1% |
Summary: The Boone County real estate market had 575 homes for sale in March 2024, a 14.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 39 | 46 | +17.9% |
3 Bedrooms | 242 | 277 | +14.5% |
4 Bedrooms | 136 | 155 | +14.0% |
5+ Bedrooms | 85 | 95 | +11.8% |
Summary: The Boone County 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 increased by 17.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
110 | 153 | +39.1% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Summary: A total of 153 homes were sold or pending in Boone County in March 2024, up by 39.1% month-over-month. Of the 149 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for Boone County, MO
How long does it take to sell a home in Boone County, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 40 Days | +7.9% |
Summary: Homes in Boone County had an average of 40 days on market in Mar 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
104 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During March 2024, 153 homes were sold in Boone County; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.