Is El Dorado Springs, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, El Dorado Springs was a Buyer's Market.
Housing Prices in El Dorado Springs, MO
How much do homes in El Dorado Springs, MO cost?
Median Sold Price
$138,500
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in El Dorado Springs was $138,500 in March 2024, up 4.9% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $96.7K | N/A |
2 Bedrooms | $74.6K | $74K | -0.9% |
3 Bedrooms | $135.5K | $159.2K | +17.5% |
4 Bedrooms | $197.5K | $189.2K | -4.2% |
5+ Bedrooms | $239K | $411K | +72.0% |
Summary: El Dorado Springs 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 decreased by 0.9%, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 72%.
Median Sold Price Compared To Nearby Cities
El Dorado Springs | $132K | $138.5K | +4.9% |
Box Township | $133K | $131.5K | -1.1% |
Housing Supply in El Dorado Springs, MO
How many homes are available in El Dorado Springs, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 71 | +18.3% |
Summary: The El Dorado Springs real estate market had 71 homes for sale in March 2024, a 18.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 18 | +28.6% |
3 Bedrooms | 32 | 36 | +12.5% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The El Dorado Springs 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 increased by 28.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 17 | +325.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in El Dorado Springs in March 2024, up by 325.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for El Dorado Springs, MO
How long does it take to sell a home in El Dorado Springs, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 30 Days | -41.2% |
Summary: Homes in El Dorado Springs had an average of 30 days on market in Mar 2024, down by 41.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in El Dorado Springs; 29% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.