Is Maryland Heights, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryland Heights is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Maryland Heights has remained a Seller's Market.

Key Takeaway

Maryland Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maryland Heights, MO

How much do homes in Maryland Heights, MO cost?

Median Sold Price

$250,333

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$20,000(+8.7%)

Key Takeaway

Homes in Maryland Heights have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Maryland Heights was $250,333 in May 2024, up 8.7% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $146K-
N/A
2 $175K$178K
+1.7%
3 $236K$260K
+10.2%
4 $286.9K$300K
+4.6%
5+ $350K$412.5K
+17.9%

Summary: Maryland Heights 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 increased by 1.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 17.9%.

Median Sold Price Compared To Nearby Cities

Maryland Heights Township
+9.0%
Maryland Heights
+8.7%
Bridgeton
+6.4%
Creve Coeur Township
+1.5%

Housing Supply in Maryland Heights, MO

How many homes are available in Maryland Heights, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5472+33.3%

Summary: The Maryland Heights real estate market had 72 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1318
+38.5%
3 3146
+48.4%
4 97
-22.2%
5+ 11
0.0%

Summary: The Maryland Heights 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 38.5%, 3 bedroom homes increased by 48.4%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1728+64.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryland Heights, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Maryland Heights in May 2024, up by 64.7% month-over-month. Of the 28 sold homes, 39% were sold under asking, 18% were sold at asking, and 43% were sold over asking.

Days on Market for Maryland Heights, MO

How long does it take to sell a home in Maryland Heights, MO?

Average Sale Time

May 2023May 2024CHANGE
7 Days18 Days+154.4%

Summary: Homes in Maryland Heights had an average of 18 days on market in May 2024, up by 154.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maryland Heights are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 28 homes were sold in Maryland Heights; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Maryland Heights, MO

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