Is Bourbon Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bourbon Township has remained a Seller's Market.
Housing Prices in Bourbon Township, MO
How much do homes in Bourbon Township, MO cost?
Median Sold Price
$59,000
$39/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Bourbon Township was $59,000 in May 2024, down 72.6% from last month, and the median price per square foot was $39.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $211.2K | - | N/A |
3 Bedrooms | $232.5K | - | N/A |
4 Bedrooms | - | $59K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Bourbon Township housing prices by bedroom type for May 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.
Median Sold Price Compared To Nearby Cities
Sturgeon | $220K | $344.5K | +56.6% |
Bourbon Township | $215K | $59K | -72.6% |
Housing Supply in Bourbon Township, MO
How many homes are available in Bourbon Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The Bourbon Township real estate market had 19 homes for sale in May 2024, a 11.8% 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 | 5 | 3 | -40.0% |
3 Bedrooms | 5 | 10 | +100.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bourbon Township 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 decreased by 40%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bourbon Township in May 2024, up by 66.7% 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 Bourbon Township, MO
How long does it take to sell a home in Bourbon Township, MO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 Days | 92 Days | +214.3% |
Summary: Homes in Bourbon Township had an average of 92 days on market in May 2024, up by 214.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Bourbon Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.