Is Bridgeton, 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, Bridgeton has remained a Seller's Market.
Key Takeaway
Bridgeton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridgeton, MO
How much do homes in Bridgeton, MO cost?
Median Sold Price
$250,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bridgeton have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Bridgeton was $250,000 in May 2024, up 6.4% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $93.7K | +33.9% |
| 2 Bedrooms | $100K | $115.8K | +15.9% |
| 3 Bedrooms | $238.5K | $272.1K | +14.1% |
| 4 Bedrooms | $317.5K | $301K | -5.2% |
| 5+ Bedrooms | $364.5K | $420K | +15.2% |
Summary: Bridgeton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.9%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Saint Ann | $138.5K | $155K | +11.9% |
| Bridgeton | $235K | $250K | +6.4% |
| Northwest Township | $200K | $210K | +5.0% |
| Airport Township | $130.5K | $135K | +3.4% |
Housing Supply in Bridgeton, MO
How many homes are available in Bridgeton, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Bridgeton real estate market had 33 homes for sale in May 2024, a 6.5% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bridgeton 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridgeton, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Bridgeton in May 2024, up by 23.1% month-over-month. Of the 16 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Bridgeton, MO
How long does it take to sell a home in Bridgeton, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 23 Days | +171.0% |
Summary: Homes in Bridgeton had an average of 23 days on market in May 2024, up by 171% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridgeton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in Bridgeton; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.