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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boonville Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Boonville Township, MO

How much do homes in Boonville Township, MO cost?

Median Sold Price

$217,900

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$32,900(+17.8%)

Key Takeaway

Homes in Boonville Township have sold for 17.8% more than they did a year ago.

Summary: The median home sold price in Boonville Township 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

# BEDSMar 2023Mar 2024CHANGE
1 $52.7K$80K
+51.7%
2 $120K$128.7K
+7.3%
3 $188.2K$199.9K
+6.2%
4 $214K$284.5K
+32.9%
5+ $198.5K$259.9K
+30.9%

Summary: Boonville Township 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 Township
+17.8%
Boonville
+17.8%

Housing Supply in Boonville Township, MO

How many homes are available in Boonville Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1625+56.3%

Summary: The Boonville Township 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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 713
+85.7%
4 710
+42.9%
5+ 11
0.0%

Summary: The Boonville 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 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 2024Mar 2024CHANGE
45+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boonville Township, 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 Township 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 Township, MO

How long does it take to sell a home in Boonville Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days82 Days+187.7%

Summary: Homes in Boonville Township 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boonville Township has remained consistent over time.

Summary: During March 2024, 5 homes were sold in Boonville Township; 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.

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

Report Updated 19 Days Ago

Newest Listings in Boonville Township, MO

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