Is Boone 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, Boone Township has remained a Seller's Market.
Housing Prices in Boone Township, MO
How much do homes in Boone Township, MO cost?
Median Sold Price
$411,550
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Boone Township was $411,550 in March 2024, up 4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $187K | N/A |
2 Bedrooms | $217K | $245K | +12.9% |
3 Bedrooms | $335K | $354.1K | +5.7% |
4 Bedrooms | $450K | $480K | +6.7% |
5+ Bedrooms | $660K | $623.7K | -5.5% |
Summary: Boone Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
Dardenne Prairie | $418K | $444K | +6.2% |
Defiance | $619.7K | $645K | +4.1% |
Boone Township | $395.8K | $411.5K | +4.0% |
Lake Saint Louis | $360K | $370K | +2.8% |
Housing Supply in Boone Township, MO
How many homes are available in Boone Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
204 | 218 | +6.9% |
Summary: The Boone Township real estate market had 218 homes for sale in March 2024, a 6.9% 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 | 32 | 28 | -12.5% |
3 Bedrooms | 76 | 88 | +15.8% |
4 Bedrooms | 72 | 78 | +8.3% |
5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The Boone Township 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 decreased by 12.5%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 70 | +32.1% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Boone Township in March 2024, up by 32.1% month-over-month. Of the 70 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% were sold over asking.
Days on Market for Boone Township, MO
How long does it take to sell a home in Boone Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 33 Days | +1.1% |
Summary: Homes in Boone Township had an average of 33 days on market in Mar 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 70 homes were sold in Boone Township; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.