Is Branson, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Branson was a Seller's Market.
Housing Prices in Branson, MO
How much do homes in Branson, MO cost?
Median Sold Price
$260,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Branson was $260,000 in May 2024, up 5.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142K | $138K | -2.8% |
2 Bedrooms | $229.9K | $239K | +4.0% |
3 Bedrooms | $263K | $295K | +12.2% |
4 Bedrooms | $377.1K | $385K | +2.1% |
5+ Bedrooms | $779K | $549K | -29.5% |
Summary: Branson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Cities
Oliver Township | $259.9K | $295K | +13.5% |
Hollister | $246.7K | $275.9K | +11.9% |
Branson | $247.3K | $260K | +5.1% |
Branson Township | $247.8K | $260K | +4.9% |
Housing Supply in Branson, MO
How many homes are available in Branson, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
528 | 577 | +9.3% |
Summary: The Branson real estate market had 577 homes for sale in May 2024, a 9.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 56 | 64 | +14.3% |
2 Bedrooms | 229 | 248 | +8.3% |
3 Bedrooms | 132 | 142 | +7.6% |
4 Bedrooms | 62 | 61 | -1.6% |
5+ Bedrooms | 49 | 62 | +26.5% |
Summary: The Branson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 26.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 74 | -3.9% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Branson in May 2024, down by 3.9% month-over-month. Of the 72 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for Branson, MO
How long does it take to sell a home in Branson, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 47 Days | +71.8% |
Summary: Homes in Branson had an average of 47 days on market in May 2024, up by 71.8% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 74 homes were sold in Branson; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.