Is Boonville, 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, Boonville has remained a Seller's Market.
Housing Prices in Boonville, MO
How much do homes in Boonville, MO cost?
Median Sold Price
$208,500
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boonville was $208,500 in May 2024, up 9.5% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52.7K | $80K | +51.7% |
2 Bedrooms | $123.7K | $140.2K | +13.4% |
3 Bedrooms | $187.5K | $182K | -2.9% |
4 Bedrooms | $222K | $292K | +31.5% |
5+ Bedrooms | $255K | $307.4K | +20.6% |
Summary: Boonville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.7%, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
Boonville | $190.3K | $208.5K | +9.5% |
Boonville Township | $190.3K | $208.5K | +9.5% |
Housing Supply in Boonville, MO
How many homes are available in Boonville, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 37 | +27.6% |
Summary: The Boonville real estate market had 37 homes for sale in May 2024, a 27.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Boonville housing inventory by bedroom type for May 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 increased by 12.5%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Boonville in May 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.
Days on Market for Boonville, MO
How long does it take to sell a home in Boonville, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 13 Days | -1.2% |
Summary: Homes in Boonville had an average of 13 days on market in May 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Boonville; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.