Is New Bloomfield, 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, New Bloomfield was a Neutral Market.
Key Takeaway
New Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Bloomfield, MO
How much do homes in New Bloomfield, MO cost?
Median Sold Price
$299,999
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in New Bloomfield have sold for 42.2% more than they did a year ago.
Summary: The median home sold price in New Bloomfield was $299,999 in May 2024, up 42.2% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.1K | - | N/A |
| 2 Bedrooms | $475K | $299K | -37.1% |
| 3 Bedrooms | $185.9K | $217K | +16.7% |
| 4 Bedrooms | $313K | $382.5K | +22.2% |
| 5+ Bedrooms | - | $399.9K | N/A |
Summary: New Bloomfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Bloomfield | $211K | $299.9K | +42.2% |
| Cedar Township | $217.7K | $300.9K | +38.2% |
Housing Supply in New Bloomfield, MO
How many homes are available in New Bloomfield, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The New Bloomfield real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The New Bloomfield 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Bloomfield, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in New Bloomfield in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for New Bloomfield, MO
How long does it take to sell a home in New Bloomfield, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 204 Days | +655.6% |
Summary: Homes in New Bloomfield had an average of 204 days on market in May 2024, up by 655.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in New Bloomfield are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 1 homes were sold in New Bloomfield; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
