Is Boonville Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Boonville Township has remained a Seller's Market.
Key Takeaway
Boonville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boonville Township, MO
How much do homes in Boonville Township, MO cost?
Median Sold Price
$208,500
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Boonville Township have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Boonville Township was $208,500 in May 2024, up 9.5% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52.7K | $80K | +51.7% |
| 2 Bedrooms | $123.7K | $140.2K | +13.4% |
| 3 Bedrooms | $187.5K | $182K | -2.9% |
| 4 Bedrooms | $222K | $292K | +31.5% |
| 5+ Bedrooms | $255K | $307.4K | +20.6% |
Summary: Boonville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.7%, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
| Boonville Township | $190.3K | $208.5K | +9.5% |
| Boonville | $190.3K | $208.5K | +9.5% |
Housing Supply in Boonville Township, MO
How many homes are available in Boonville Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 37 | +27.6% |
Summary: The Boonville Township real estate market had 37 homes for sale in May 2024, a 27.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Boonville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boonville Township, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Boonville Township in May 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.
Days on Market for Boonville Township, MO
How long does it take to sell a home in Boonville Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 13 Days | -1.2% |
Summary: Homes in Boonville Township had an average of 13 days on market in May 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boonville Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Boonville Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.