$1,899 Closing Credit*
$159,900
3 Beds
•2 Full Baths
Listing Office: EXP Realty, LLC
Is Bourbon Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bourbon Township was a Neutral 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
$236,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,000(-1.7%)
Key Takeaway
Homes in Bourbon Township have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Bourbon Township was $236,000 in November 2024, down 1.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $178.7K | -14.9% |
| 3 Bedrooms | $240K | $310K | +29.2% |
| 4 Bedrooms | $595K | $219.5K | -63.1% |
| 5+ Bedrooms | $379.5K | $267.7K | -29.5% |
Summary: Bourbon Township housing prices by bedroom type for November 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 29.2%, 4 bedroom homes decreased by 63.1%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Cities
| Centralia Township | $194K | $220K | +13.4% |
| Sturgeon | $211.7K | $231.7K | +9.4% |
| Bourbon Township | $240K | $236K | -1.7% |
Housing Supply in Bourbon Township, MO
How many homes are available in Bourbon Township, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Bourbon Township real estate market had 23 homes for sale in November 2024, a 21.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bourbon Township housing inventory by bedroom type for November 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 decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
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 Bourbon Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Bourbon Township in November 2024, up by 71.4% month-over-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 Bourbon Township, MO
How long does it take to sell a home in Bourbon Township, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 17 Days | -43.9% |
Summary: Homes in Bourbon Township had an average of 17 days on market in Nov 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 12 homes were sold in Bourbon Township; 67% of homes were sold within 30 days, 33% 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.