Is Lake Saint Louis, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake Saint Louis has remained a Seller's Market.
Housing Prices in Lake Saint Louis, MO
How much do homes in Lake Saint Louis, MO cost?
Median Sold Price
$360,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Saint Louis was $360,000 in April 2024, down 2.7% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154.7K | $103K | -33.4% |
2 Bedrooms | $230K | $225K | -2.2% |
3 Bedrooms | $332K | $310K | -6.6% |
4 Bedrooms | $452.5K | $498.7K | +10.2% |
5+ Bedrooms | $700K | $619.5K | -11.5% |
Summary: Lake Saint Louis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.4%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
O'Fallon | $323K | $349.9K | +8.3% |
Dardenne Prairie | $419.9K | $440K | +4.8% |
Boone Township | $397.3K | $410K | +3.2% |
Lake Saint Louis | $369.9K | $360K | -2.7% |
Lake Saint Louis Township | $338.3K | $328.3K | -3.0% |
Housing Supply in Lake Saint Louis, MO
How many homes are available in Lake Saint Louis, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 60 | +15.4% |
Summary: The Lake Saint Louis real estate market had 60 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 16 | +45.5% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Lake Saint Louis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 45.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 13 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lake Saint Louis in April 2024, down by 50.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for Lake Saint Louis, MO
How long does it take to sell a home in Lake Saint Louis, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 18 Days | +2.6% |
Summary: Homes in Lake Saint Louis had an average of 18 days on market in Apr 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Lake Saint Louis; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.