Is Bel-Nor, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bel-Nor has remained a Seller's Market.
Key Takeaway
Bel-Nor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bel-Nor, MO
How much do homes in Bel-Nor, MO cost?
Median Sold Price
$232,250
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bel-Nor have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Bel-Nor was $232,250 in May 2024, up 10.9% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132.2K | $103.5K | -21.7% |
| 3 Bedrooms | $210K | $226.5K | +7.9% |
| 4 Bedrooms | $232.5K | $245K | +5.4% |
| 5+ Bedrooms | $275K | $307K | +11.6% |
Summary: Bel-Nor 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 21.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
| Greendale | $120K | $170K | +41.7% |
| Bel-Nor | $209.5K | $232.2K | +10.9% |
| Bel-Ridge | $65K | $58.1K | -10.6% |
| Normandy | $95K | $80K | -15.8% |
Housing Supply in Bel-Nor, MO
How many homes are available in Bel-Nor, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Summary: The Bel-Nor real estate market had 4 homes for sale in May 2024, a 100.0% increase 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 | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bel-Nor 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 increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bel-Nor, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bel-Nor in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bel-Nor, MO
How long does it take to sell a home in Bel-Nor, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 74 Days | +60.9% |
Summary: Homes in Bel-Nor had an average of 74 days on market in May 2024, up by 60.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bel-Nor has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Bel-Nor; 0% of homes were sold within 30 days, 100% 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.