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City-owned Homes And Land in Bourbon, MO

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Bourbon, MO Foreclosures

Current Market Conditions in in Bourbon, MO As of February 2026?
Over the past month, Bourbon, MO's real estate market has seen a subtle increase in both buyer interest and home sales. Reports indicate that homes are selling more quickly than in previous months, likely due to heightened market activity as spring approaches. The average time on market has decreased slightly as buyers are motivated to make offers competitively. However, the inventory remains limited, which keeps prices stabilizing.
How much do homes sell for in Bourbon, MO?
The average home price is currently $222,393.
In Bourbon, MO, how many homes are available?
There are currently 10 active home listings available in Bourbon.
What’s the average rental cost in Bourbon, MO?
The average rental price in Bourbon is $1,021.
What is the most expensive home in Bourbon?
The most expensive home sold in Bourbon had a price of $2,495,300.
What is currently the cheapest priced home in Bourbon, MO?
The cheapest home for sale in Bourbon is priced at $30,651.

Living in Bourbon, MO

Bourbon, MO is a quaint town known for its community spirit and natural beauty. Surrounded by the scenic Ozarks, it offers a peaceful lifestyle while providing access to essential amenities and outdoor recreation. Residents can enjoy various local events and a family-friendly environment.

Buyer vs Seller Market in Bourbon, MO

The current real estate market in Bourbon, MO shows a steady increase in home prices, reflecting a growing demand for housing in the area. With its appealing small-town lifestyle, more families and individuals are looking to move to Bourbon, contributing to a rise in property values. The inventory of homes available has started to dwindle, making it a potentially good time for sellers to list their properties.

Recently, there has been a noticeable uptick in the number of first-time homebuyers exploring the Bourbon area; this trend may indicate a shift in demographics as people seek affordable housing options outside larger metropolitan areas.

Home Value Estimator For Bourbon, MO

There are currently 1,690 real estate properties in Bourbon, MO, with a median automated valuation model (AVM) price of $183,331.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bourbon, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bourbon, MO, is $222,393.00, with the most expensive house in Bourbon, MO, topping out at $2,495,300.00 and the cheapest home in Bourbon, MO, clocking in at $30,651.00. In other words, there’s something for every potential homebuyer or savvy investor in Bourbon, MO!

Rent Prices In Bourbon, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bourbon, MO, is on a rollercoaster ride. The average rent price in Bourbon, MO, is $1,021.00. Indeed, when looking to rent in Bourbon, MO, you can expect to pay as little as $580.00 or as much as $2,250.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Bourbon, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bourbon, MO City-owned Homes And Land


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