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.
Key Takeaway
Boone Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Boone Township have sold for 4% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Boone Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Boone Township are selling fast, if you're buying plan to act quickly.
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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.