Is Bolivar, 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, Bolivar has remained a Seller's Market.
Housing Prices in Bolivar, MO
How much do homes in Bolivar, MO cost?
Median Sold Price
$235,000
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bolivar was $235,000 in May 2024, up 6.6% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $145K | N/A |
2 Bedrooms | $144K | $143.4K | -0.4% |
3 Bedrooms | $215K | $235K | +9.3% |
4 Bedrooms | $270K | $304.9K | +12.9% |
5+ Bedrooms | $408K | $368K | -9.8% |
Summary: Bolivar 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 0.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
Northeast Marion Township | $195K | $237K | +21.5% |
Southwest Marion Township | $225K | $250K | +11.1% |
Bolivar | $220.5K | $235K | +6.6% |
Southeast Marion Township | $190K | $198.5K | +4.5% |
Northwest Marion Township | $235K | $232K | -1.3% |
Housing Supply in Bolivar, MO
How many homes are available in Bolivar, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 108 | +8.0% |
Summary: The Bolivar real estate market had 108 homes for sale in May 2024, a 8.0% 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 | 11 | 14 | +27.3% |
3 Bedrooms | 64 | 61 | -4.7% |
4 Bedrooms | 19 | 26 | +36.8% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Bolivar 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 increased by 27.3%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Bolivar in May 2024, up by 26.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for Bolivar, MO
How long does it take to sell a home in Bolivar, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 38 Days | -33.6% |
Summary: Homes in Bolivar had an average of 38 days on market in May 2024, down by 33.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Bolivar; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.