Is Overland, 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, 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
$145,900
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Overland have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Overland was $145,900 in May 2024, up 4.3% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $79.5K | $99K | +24.5% |
| 2 Bedrooms | $120K | $130K | +8.3% |
| 3 Bedrooms | $158.9K | $162.4K | +2.2% |
| 4 Bedrooms | $180.7K | $189.2K | +4.7% |
| 5+ Bedrooms | $210K | $175K | -16.7% |
Summary: Overland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Breckenridge Hills | $90K | $112.2K | +24.7% |
| Overland | $139.9K | $145.9K | +4.3% |
| Midland Township | $135K | $137.5K | +1.9% |
Housing Supply in Overland, MO
How many homes are available in Overland, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 52 | +18.2% |
Summary: The Overland real estate market had 52 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Overland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Overland, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Overland in May 2024, up by 31.3% month-over-month. Of the 21 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 13 Days | -19.7% |
Summary: Homes in Overland had an average of 13 days on market in May 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 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 May 2024, 21 homes were sold in Overland; 86% of homes were sold within 30 days, 14% 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.