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 April 2023
Since last year, El Dorado Springs has remained a Seller's Market.
Housing Prices in El Dorado Springs, MO
How much do homes in El Dorado Springs, MO cost?
Median Sold Price
$144,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in El Dorado Springs was $144,000 in April 2024, up 8.3% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $53.5K | $140K | +161.7% |
2 Bedrooms | $79.1K | $76K | -4.0% |
3 Bedrooms | $137.2K | $158.3K | +15.4% |
4 Bedrooms | $190K | $155K | -18.4% |
5+ Bedrooms | $249.5K | $469.9K | +88.3% |
Summary: El Dorado Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 161.7%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 88.3%.
Median Sold Price Compared To Nearby Cities
El Dorado Springs | $133K | $144K | +8.3% |
Box Township | $134K | $137K | +2.2% |
Housing Supply in El Dorado Springs, MO
How many homes are available in El Dorado Springs, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 62 | -8.8% |
Summary: The El Dorado Springs real estate market had 62 homes for sale in April 2024, a 8.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 17 | 8 | -52.9% |
3 Bedrooms | 33 | 39 | +18.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The El Dorado Springs housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 52.9%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 12 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in El Dorado Springs in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 98 Days | +386.8% |
Summary: Homes in El Dorado Springs had an average of 98 days on market in Apr 2024, up by 386.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in El Dorado Springs; 17% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.