$3,264 Closing Credit*
$274,900
1,796 SqFt
4 Beds
•2 Full Baths
Boyd Harris, Listing Office: Boyd Harris Companies
Is Bourbon Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bourbon Township has remained a Seller's Market.
Key Takeaway
Bourbon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bourbon Township, MO
How much do homes in Bourbon Township, MO cost?
Median Sold Price
$232,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+3.3%)
Key Takeaway
Homes in Bourbon Township have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Bourbon Township was $232,500 in October 2024, up 3.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $178.7K | -14.9% |
| 3 Bedrooms | $220K | $308.7K | +40.3% |
| 4 Bedrooms | $595K | $219.5K | -63.1% |
| 5+ Bedrooms | $379.5K | $250.5K | -34.0% |
Summary: Bourbon Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.9%, 3 bedroom homes increased by 40.3%, 4 bedroom homes decreased by 63.1%, and 5+ bedroom homes decreased by 34%.
Median Sold Price Compared To Nearby Cities
| Centralia Township | $194K | $219.5K | +13.1% |
| Sturgeon | $202.4K | $219.2K | +8.3% |
| Bourbon Township | $225K | $232.5K | +3.3% |
Housing Supply in Bourbon Township, MO
How many homes are available in Bourbon Township, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Summary: The Bourbon Township real estate market had 23 homes for sale in October 2024, a 35.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bourbon Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 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 Bourbon Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bourbon Township in October 2024, up by 133.3% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Bourbon Township, MO
How long does it take to sell a home in Bourbon Township, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 51 Days | +6.0% |
Summary: Homes in Bourbon Township had an average of 51 days on market in Oct 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bourbon Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Bourbon Township; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.