Is Maryland Heights, 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, Maryland Heights has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | - | N/A |
2 Bedrooms | $175K | $178K | +1.7% |
3 Bedrooms | $236K | $260K | +10.2% |
4 Bedrooms | $286.9K | $300K | +4.6% |
5+ Bedrooms | $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 | $261.5K | $284.9K | +9.0% |
Maryland Heights | $230.3K | $250.3K | +8.7% |
Bridgeton | $235K | $250K | +6.4% |
Creve Coeur Township | $340K | $345K | +1.5% |
Housing Supply in Maryland Heights, MO
How many homes are available in Maryland Heights, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 72 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 18 | +38.5% |
3 Bedrooms | 31 | 46 | +48.4% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 1 | 1 | 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 2024 | May 2024 | CHANGE |
---|---|---|
17 | 28 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 18 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
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.