Is Boone Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boone Township is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Boone Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Boone Township, MO cost?

Median Sold Price

$400,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$60,000(+17.6%)

Key Takeaway

Homes in Boone Township have sold for 17.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $199K$216K
+8.5%
3 $279.9K$339.5K
+21.3%
4 $399.8K$435.6K
+9.0%
5+ $480K$625K
+30.2%

Median Sold Price Compared To Nearby Cities

Boone Township
+17.6%
Lake Saint Louis
+13.4%
Dardenne Prairie
+13.3%
Defiance
+1.0%

How many homes are available in Boone Township, MO?

Number of Homes For Sale

Jul 2022Aug 2022%
2672670.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 3330
-9.1%
3 98108
+10.2%
4 102106
+3.9%
5+ 3423
-32.4%

Number of Homes Sold

Jul 2022Aug 2022%
89890.0%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boone Township, you could pay more than the asking price. 47.7% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
18 Days22 Days+26.9%

Breakdown of Home Sale Times

58 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Boone Township, MO

Boone Township, MO has 267 homes on the market. Listings spent 22 days on the market in August 2022, and had a median list price of $400,000 during the same period. This housing market listing prices have changed between July 2022 and August 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 8.5%, prices of 3 bedrooms properties increased by 21.3%, prices of 4 bedrooms properties went up by 9%, 5 bedrooms properties prices increased by 30.2%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes became 9.1% less available, 3 bedrooms homes became 10.2% more available, 4 bedrooms homes became 3.9% more available, 5 bedrooms homes became 32.4% less available. While more than 41 listings in Boone Township, MO in August 2022 were sold above asking price, there were more than 13 listings sold at asking price, and more than 32 were sold below.

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