Is Breckenridge Hills, 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, Breckenridge Hills has remained a Seller's Market.
Key Takeaway
Breckenridge Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breckenridge Hills, MO
How much do homes in Breckenridge Hills, MO cost?
Median Sold Price
$90,380
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Breckenridge Hills have sold for 7% more than they did a year ago.
Summary: The median home sold price in Breckenridge Hills was $90,380 in March 2024, up 7% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25K | $53K | +112.0% |
| 2 Bedrooms | $100K | $81K | -19.0% |
| 3 Bedrooms | $105K | $104.3K | -0.7% |
| 4 Bedrooms | - | $78.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Breckenridge Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 112%, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saint Ann | $135.3K | $150K | +10.8% |
| Breckenridge Hills | $84.5K | $90.3K | +7.0% |
| Overland | $139.2K | $145K | +4.1% |
| Midland Township | $135K | $135K | 0.0% |
| Woodson Terrace | $133.5K | $125K | -6.4% |
Housing Supply in Breckenridge Hills, MO
How many homes are available in Breckenridge Hills, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 20 | +42.9% |
Summary: The Breckenridge Hills real estate market had 20 homes for sale in March 2024, a 42.9% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Breckenridge Hills 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breckenridge Hills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Breckenridge Hills in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Breckenridge Hills, MO
How long does it take to sell a home in Breckenridge Hills, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 12 Days | -67.8% |
Summary: Homes in Breckenridge Hills had an average of 12 days on market in Mar 2024, down by 67.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Breckenridge Hills are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Breckenridge Hills; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.