Is Boonville, 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, Boonville has remained a Seller's Market.
Key Takeaway
Boonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boonville, MO
How much do homes in Boonville, MO cost?
Median Sold Price
$217,900
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boonville have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Boonville was $217,900 in March 2024, up 17.8% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52.7K | $80K | +51.7% |
| 2 Bedrooms | $120K | $128.7K | +7.3% |
| 3 Bedrooms | $188.2K | $199.9K | +6.2% |
| 4 Bedrooms | $214K | $284.5K | +32.9% |
| 5+ Bedrooms | $198.5K | $259.9K | +30.9% |
Summary: Boonville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 30.9%.
Median Sold Price Compared To Nearby Cities
| Boonville | $185K | $217.9K | +17.8% |
| Boonville Township | $185K | $217.9K | +17.8% |
Housing Supply in Boonville, MO
How many homes are available in Boonville, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 25 | +56.3% |
Summary: The Boonville real estate market had 25 homes for sale in March 2024, a 56.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 13 | +85.7% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Boonville 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 remained the same, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boonville, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Boonville in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Boonville, MO
How long does it take to sell a home in Boonville, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 82 Days | +187.7% |
Summary: Homes in Boonville had an average of 82 days on market in Mar 2024, up by 187.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Boonville has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Boonville; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
