Is Overland, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Overland is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Overland, MO

How much do homes in Overland, MO cost?

Median Sold Price

$145,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,733(+4.1%)

Key Takeaway

Homes in Overland have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Overland was $145,000 in March 2024, up 4.1% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $79.5K$84.9K
+6.8%
2 $123K$129K
+4.9%
3 $158K$161K
+1.9%
4 $180K$188.5K
+4.7%
5+ $215K$132K
-38.6%

Summary: Overland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 38.6%.

Median Sold Price Compared To Nearby Cities

Breckenridge Hills
+7.0%
Overland
+4.1%
Midland Township
0.0%

Housing Supply in Overland, MO

How many homes are available in Overland, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6046-23.3%

Summary: The Overland real estate market had 46 homes for sale in March 2024, a 23.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 42
-50.0%
2 2614
-46.2%
3 2121
0.0%
4 88
0.0%
5+ 11
0.0%

Summary: The Overland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 46.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3018-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Overland, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Overland in March 2024, down by 40.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.

Days on Market for Overland, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
20 Days28 Days+37.1%

Summary: Homes in Overland had an average of 28 days on market in Mar 2024, up by 37.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Overland are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 18 homes were sold in Overland; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 24 Days Ago

Newest Listings in Overland, MO

Nearby Markets to Overland, MO

What housing markets are near Overland, MO?