Is Ballwin, 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, Ballwin has remained a Seller's Market.
Housing Prices in Ballwin, MO
How much do homes in Ballwin, MO cost?
Median Sold Price
$369,833
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ballwin was $369,833 in May 2024, up 8.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $162K | +1.3% |
2 Bedrooms | $180K | $220.5K | +22.5% |
3 Bedrooms | $312.1K | $335K | +7.3% |
4 Bedrooms | $418K | $455.5K | +9.0% |
5+ Bedrooms | $485.2K | $532.5K | +9.7% |
Summary: Ballwin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Ellisville | $335K | $384.9K | +14.9% |
Winchester | $196.5K | $220K | +12.0% |
Ballwin | $341.6K | $369.8K | +8.3% |
Wildhorse Township | $363.5K | $384K | +5.6% |
Lafayette Township | $418.5K | $433.6K | +3.6% |
Housing Supply in Ballwin, MO
How many homes are available in Ballwin, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
156 | 169 | +8.3% |
Summary: The Ballwin real estate market had 169 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 29 | 29 | 0.0% |
3 Bedrooms | 58 | 74 | +27.6% |
4 Bedrooms | 57 | 57 | 0.0% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Ballwin housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 49 | -23.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Ballwin in May 2024, down by 23.4% month-over-month. Of the 49 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for Ballwin, MO
How long does it take to sell a home in Ballwin, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 8 Days | -24.2% |
Summary: Homes in Ballwin had an average of 8 days on market in May 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in Ballwin; 90% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.