Is Wildwood, 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, Wildwood has remained a Seller's Market.
Key Takeaway
Wildwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wildwood, MO
How much do homes in Wildwood, MO cost?
Median Sold Price
$540,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wildwood have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Wildwood was $540,000 in May 2024, up 2.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $215K | +26.5% |
| 2 Bedrooms | $165K | $170K | +3.0% |
| 3 Bedrooms | $400K | $405K | +1.3% |
| 4 Bedrooms | $549.9K | $565K | +2.7% |
| 5+ Bedrooms | $705K | $805K | +14.2% |
Summary: Wildwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.5%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Ellisville | $335K | $384.9K | +14.9% |
| Chesterfield Township | $546.4K | $576.9K | +5.6% |
| Grover | $405K | $425K | +4.9% |
| Wildwood | $525K | $540K | +2.9% |
| Glencoe | $630K | $637.5K | +1.2% |
Housing Supply in Wildwood, MO
How many homes are available in Wildwood, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 133 | 174 | +30.8% |
Summary: The Wildwood real estate market had 174 homes for sale in May 2024, a 30.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 28 | 40 | +42.9% |
| 4 Bedrooms | 56 | 79 | +41.1% |
| 5+ Bedrooms | 35 | 44 | +25.7% |
Summary: The Wildwood 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 decreased by 23.1%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes increased by 25.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 52 | +79.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wildwood, you could pay more than the asking price. 67.3% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Wildwood in May 2024, up by 79.3% month-over-month. Of the 52 sold homes, 19% were sold under asking, 13% were sold at asking, and 67% were sold over asking.
Days on Market for Wildwood, MO
How long does it take to sell a home in Wildwood, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 17 Days | -18.4% |
Summary: Homes in Wildwood had an average of 17 days on market in May 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wildwood are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 52 homes were sold in Wildwood; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.