Is Breckenridge Hills, 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, Breckenridge Hills has remained a Seller's Market.
Key Takeaway
Breckenridge Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breckenridge Hills, MO
How much do homes in Breckenridge Hills, MO cost?
Median Sold Price
$112,250
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Breckenridge Hills have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in Breckenridge Hills was $112,250 in May 2024, up 24.7% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40.5K | $41.2K | +1.9% |
| 2 Bedrooms | $110K | $92K | -16.4% |
| 3 Bedrooms | $77K | $122.3K | +58.9% |
| 4 Bedrooms | $72K | $122.5K | +70.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Breckenridge Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 58.9%, 4 bedroom homes increased by 70.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Breckenridge Hills | $90K | $112.2K | +24.7% |
| Saint Ann | $138.5K | $155K | +11.9% |
| Overland | $139.9K | $145.9K | +4.3% |
| Midland Township | $135K | $137.5K | +1.9% |
| Woodson Terrace | $134.9K | $125K | -7.4% |
Housing Supply in Breckenridge Hills, MO
How many homes are available in Breckenridge Hills, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Breckenridge Hills real estate market had 15 homes for sale in May 2024, a 11.8% decrease 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 | 5 | +66.7% |
| 3 Bedrooms | 13 | 8 | -38.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Breckenridge Hills 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 66.7%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breckenridge Hills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Breckenridge Hills in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Breckenridge Hills, MO
How long does it take to sell a home in Breckenridge Hills, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 30 Days | +26.0% |
Summary: Homes in Breckenridge Hills had an average of 30 days on market in May 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Breckenridge Hills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Breckenridge Hills; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.