Is Boone County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boone County has remained a Seller's Market.
Housing Prices in Boone County, MO
How much do homes in Boone County, MO cost?
Median Sold Price
$300,221
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boone County was $300,221 in April 2024, up 6.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $132.5K | +29.3% |
2 Bedrooms | $147.2K | $170K | +15.4% |
3 Bedrooms | $251K | $268.6K | +7.0% |
4 Bedrooms | $345.9K | $369.4K | +6.8% |
5+ Bedrooms | $511.3K | $526K | +2.9% |
Summary: Boone County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Counties
Callaway County | $198.4K | $220K | +10.9% |
Boone County | $282.4K | $300.2K | +6.3% |
Audrain County | $136.7K | $138.4K | +1.2% |
Housing Supply in Boone County, MO
How many homes are available in Boone County, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
610 | 654 | +7.2% |
Summary: The Boone County real estate market had 654 homes for sale in April 2024, a 7.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 43 | 50 | +16.3% |
3 Bedrooms | 300 | 315 | +5.0% |
4 Bedrooms | 160 | 167 | +4.4% |
5+ Bedrooms | 105 | 120 | +14.3% |
Summary: The Boone County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
153 | 184 | +20.3% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
61 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Summary: A total of 184 homes were sold or pending in Boone County in April 2024, up by 20.3% month-over-month. Of the 179 sold homes, 35% were sold under asking, 34% were sold at asking, and 31% were sold over asking.
Days on Market for Boone County, MO
How long does it take to sell a home in Boone County, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 34 Days | -4.9% |
Summary: Homes in Boone County had an average of 34 days on market in Apr 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
133 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During April 2024, 184 homes were sold in Boone County; 72% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.