Is Overland, 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, 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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $79.5K | $84.9K | +6.8% |
| 2 Bedrooms | $123K | $129K | +4.9% |
| 3 Bedrooms | $158K | $161K | +1.9% |
| 4 Bedrooms | $180K | $188.5K | +4.7% |
| 5+ Bedrooms | $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 | $84.5K | $90.3K | +7.0% |
| Overland | $139.2K | $145K | +4.1% |
| Midland Township | $135K | $135K | 0.0% |
Housing Supply in Overland, MO
How many homes are available in Overland, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 46 | -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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 26 | 14 | -46.2% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 18 | -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
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 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
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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.