Is New Bloomfield, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Bloomfield is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, New Bloomfield has remained a Seller's 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

$251,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$32,499(-11.5%)

Key Takeaway

Homes in New Bloomfield have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in New Bloomfield was $251,000 in November 2024, down 11.5% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $84.2K$265K
+214.5%
2 $457.5K$158K
-65.5%
3 $203K$214.9K
+5.9%
4 $334K$410K
+22.8%
5+ $410K$569.7K
+39.0%

Summary: New Bloomfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 214.5%, 2 bedroom homes decreased by 65.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 39%.

Median Sold Price Compared To Nearby Cities

New Bloomfield
-11.5%
Cedar Township
-26.7%

Housing Supply in New Bloomfield, MO

How many homes are available in New Bloomfield, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The New Bloomfield real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The New Bloomfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Bloomfield, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in New Bloomfield in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
4 Days9 Days+100.0%

Summary: Homes in New Bloomfield had an average of 9 days on market in Nov 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in New Bloomfield are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in New Bloomfield; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

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