Is Bourbon Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bourbon Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$330,000

$180/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$58,000(+21.3%)

Key Takeaway

Homes in Bourbon Township have sold for 21.3% more than they did a month ago.

Summary: The median home sold price in Bourbon Township was $330,000 in November 2024, up 21.3% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $272K-
N/A
3 -$330K
N/A
4 --
N/A
5+ --
N/A

Summary: Bourbon Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bourbon Township, MO

How many homes are available in Bourbon Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1517+13.3%

Summary: The Bourbon Township real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 03
+100.0%
2 34
+33.3%
3 88
0.0%
4 41
-75.0%
5+ 01
+100.0%

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 remained the same, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
512+140.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 140.0% 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

Oct 2024Nov 2024CHANGE
65 Days17 Days-72.9%

Summary: Homes in Bourbon Township had an average of 17 days on market in Nov 2024, down by 72.9% compared to last month.

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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Bourbon Township, MO

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