Is Pine Lawn, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Lawn is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Pine Lawn was a Seller's Market.

Key Takeaway

Pine Lawn is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pine Lawn, MO

How much do homes in Pine Lawn, MO cost?

Median Sold Price

$48,562

$31/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,562(+12.9%)

Key Takeaway

Homes in Pine Lawn have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Pine Lawn was $48,562 in May 2024, up 12.9% from last year, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $24K$41.5K
+72.9%
3 $44.2K$64.5K
+45.8%
4 $351K$70K
-80.1%
5+ --
N/A

Summary: Pine Lawn 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 72.9%, 3 bedroom homes increased by 45.8%, 4 bedroom homes decreased by 80.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pine Lawn
+12.9%
Hillsdale
+10.4%
Northwoods
+2.0%

Housing Supply in Pine Lawn, MO

How many homes are available in Pine Lawn, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1214+16.7%

Summary: The Pine Lawn real estate market had 14 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 68
+33.3%
3 34
+33.3%
4 30
-100.0%
5+ 00
0.0%

Summary: The Pine Lawn 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 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Lawn, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pine Lawn in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pine Lawn, MO

How long does it take to sell a home in Pine Lawn, MO?

Average Sale Time

May 2023May 2024CHANGE
44 Days19 Days-55.9%

Summary: Homes in Pine Lawn had an average of 19 days on market in May 2024, down by 55.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Pine Lawn; 100% of homes were sold within 30 days, 0% 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 8 Days Ago

Newest Listings in Pine Lawn, MO

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